Spain’s economy is on the road to recovery, but the shock from COVID-19 has underlined the urgency of addressing long-standing structural challenges. While support continues to flow to the hardest-hit firms and households, investment and reforms should focus on driving productivity growth and the creation of high-quality jobs, according to a new OECD report.
Spain has made a successful economic recovery, underpinned by strong employment growth, gains in competitiveness and favourable external and financial conditions. The current economic expansion offers an opportunity to speed up efforts to increase the resilience of public finances, enhance job creation and ensure a more sustainable and inclusive economy that benefits all Spaniards, according to a new report from the OECD.
Spain should boost support for the unemployed and expand vocational education and training as part of a series of reforms to promote better skills utilisation and drive job creation and growth, according to a new OECD report.
De acuerdo con un nuevo informe de la OCDE, España debería intensificar el apoyo a los desempleados, además de ampliar la educación y formación profesionales, como parte de una serie de reformas destinadas a promover un mejor aprovechamiento de las competencias y contribuir a la creación de empleo y al crecimiento.
The Spanish economy is enjoying a robust recovery from a deep recession, with structural reforms contributing to high growth rates and a gradual decline in unemployment.
The latest OECD Economic Survey of Spain, to be published on Tuesday, 14 March, analyses the factors behind the country’s economic recovery, as well as the challenges that remain to making growth stronger and more inclusive.
Spain’s gradual economic recovery should enable it to start reversing the sharp decline in its development assistance since 2010 and focus more of its aid budget on the neediest countries, according to an OECD Review.
The OECD welcomed the legislative package on democratic regeneration recently approved by the Spanish Parliament in order to fight corruption and promote both integrity and transparency in political activities and institutions.
The OECD’s latest Environmental Performance Review of Spain finds the country has decreased the energy and carbon intensity of its economy, reduced industrial pollution and cut per-capita waste generation since 2000.
Spain has created a strong system to combat money laundering and terrorist financing, but improvements are needed in certain key areas, according to a new report by the Financial Action Task Force.