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Structural reforms

Structural reforms latest publications

May 7, 2018

No gain without pain

Structural reforms since they usually involve a transfer of income that leads to the groups negatively affected mobilising to prevent them. Governments then have to decide how to manage that pain and when: with a large number of measures concentrated into a short time-span, perhaps taking advantage of the mandate afforded b…

June 13, 2017

Budgetary stability and structural reforms in Spain

Budget balances and public debt in Spain showed clear signs of unsustainability between 2009 and 2011. Despite the fiscal consolidation implemented since then, the increase in public debt has also considerable costs in terms of GDP, employment and private investment.

May 4, 2017

Budgetary stability and structural reforms in Spain

We analyse the fiscal policy lessons from the recent recession in the Spanish economy and the options for the future. Our results indicate that budget balance and public debt trends showed clear signs of unsustainability between 2009 and 2011, with few alternatives available other than reducing the fiscal deficit.

August 17, 2015

Un bajo crecimiento en Latam

Los vientos de cola que venía disfrutando América Latina hasta el año 2013 siguen amainando y con ellos, las perspectivas de corto y largo plazo para la región, por lo menos mientras no se aborde con decisión el impulso a la productividad a través de las reformas estructurales.

May 28, 2014

Hacia nuestra propia agenda de reformas estructurales

Continuar con políticas prudentes está descontado en los grandes números pero falta pensar más integralmente en una agenda de reformas estructurales