The response to the crisis in the EU: Spain on the way to its “lost decade”
In the context of the present global crisis, the impositions of the European Central Bank (ECB) and the International Monetary Fund (IMF), mainly with respect to the control of the budget deficit and the need for new structural reforms in the public pension system and the labor market, are a species...
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| Tipo de recurso: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2011 |
| País: | México |
| Institución: | UNIVERSIDAD NACIONAL AUTÓNOMA DE MÉXICO |
| Repositorio: | Problemas del Desarrollo. Revista Latinoamericana de Economía |
| Idioma: | español |
| OAI Identifier: | oai:ojs.pkp.sfu.ca:article/25890 |
| Acceso en línea: | https://www.probdes.iiec.unam.mx/index.php/pde/article/view/25890 |
| Access Level: | acceso abierto |
| Palabra clave: | España Unión Europea crisis déficit BCE Spain European Union deficit ECB |
| Sumario: | In the context of the present global crisis, the impositions of the European Central Bank (ECB) and the International Monetary Fund (IMF), mainly with respect to the control of the budget deficit and the need for new structural reforms in the public pension system and the labor market, are a species of “economic suicide” for the peripheral countries of the European Union (EU), among which is Spain. These policies will condemn Spain to a long period of recession and high unemployment, which leads us to affirm that, if these policies not changed, Spain will experience its own “Lost Decade”. |
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