01718cas a2200241 a 4500 AALejournalIMF013812 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484343180 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Spain : 2013 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (66 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2013 Article IV Consultation highlights that the Spanish economy accumulated large imbalances during the long boom that ended with the global financial crisis. Unemployment soared, the fiscal position deteriorated sharply, and funding conditions tightened for both the public and private sectors. Key imbalances are correcting rapidly. Growth has been negative in the last seven quarters, unemployment has reached high levels, and financing conditions remain tight for small firms. The reform process has accelerated and deepened. Decisive reforms in the labor, financial, and fiscal sectors, in line with past IMF staff recommendations, is helping stabilize the economy. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2013/244 Full text available on IMF http://elibrary.imf.org/view/journals/002/2013/244/002.2013.issue-244-en.xml IMF e-Library