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dc.contributor.authorGarcía Perea, Pilar
dc.contributor.authorMartínez Pagés, Jorge
dc.contributor.authorMillaruelo de la Fuente, Antonio
dc.contributor.authorSánchez Carretero, Carmen
dc.coverage.spatialEspaña
dc.coverage.spatialPaíses de la UE
dc.date.accessioned2020-03-24T07:43:49Z
dc.date.available2020-03-24T07:43:49Z
dc.date.issued2019-08-06
dc.identifier.urihttps://repositorio.bde.es/handle/123456789/10799
dc.descriptionArtículo de revista
dc.description.abstractThe European Semester is the process during which the European Commission designs and coordinates the Member States’ economic policies. The 2019 cycle began on 21 November 2018 and concluded on 9 July 2019. Overall, the reform drive in the member countries is perceived to have lost significant momentum, particularly in those with macroeconomic imbalances. On the fiscal front, the Stability and Growth Pact rules are a valuable road map ahead of the necessary consolidation of public finances; that said, their effectiveness in the preventive arm is still uncertain. As to structural policies, it would be worth exploring the creation of a national productivity board in those countries without one.
dc.format.extent14 p.
dc.language.isoeng
dc.publisherBanco de España
dc.relation.ispartofEconomic bulletin / Banco de España. Economic Notes
dc.relation.ispartofEconomic bulletin / Banco de España [Artículos], n. 3, 2019
dc.relation.hasversionVersión en español 123456789/9697
dc.rightsReconocimiento-NoComercial-CompartirIgual 4.0 Internacional (CC BY-NC-SA 4.0)
dc.rightsIn Copyright - Non Commercial Use Permitted
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/4.0/deed.es_ES
dc.rights.urihttp://rightsstatements.org/vocab/InC-NC/1.0/
dc.subjectEuropean Semester
dc.subjectMacroeconomic imbalances
dc.subjectExcessive deficit procedure
dc.subjectStructural reforms
dc.subjectNational productivity board
dc.titleThe 2019 European Semester and the specific recommendations for Spain
dc.typeArtículo
dc.identifier.bdebib123456789/10799
dc.identifier.bdepubECBU-2019-3A-ne07
dc.publisher.bdeMadrid : Banco de España, 2019
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