L'Espagne de Zapatero : rupture ou continuité ?
Succeeding the conservative José Maria Aznar, the socialist Luis Rodriguez Zapatero became Prime Minister in March 2004. Economics? growth was strong with an important reduction of unemployment and a public deficit close to zero, but many imbalances were pointed out (low productivity, high inflation, a fall of competitiveness, overvalued house prices, precariousness on labour market and low social security benefits). As the end of his term approaches, this article aims at analyzing his economic policies. Zapatero undertook many reforms (on labour market, pensions...), resulting from a delicate trade-off between the social promises and the will to preserve a budget surplus. But these reforms haven?t been ambitious enough to deeply modify the Spanish economy. Finally, Zapatero?s economic policies seem very similar to those of Aznar, with the exception of social ones and investment. JEL classification: E2, E62, O52.
When requesting a correction, please mention this item's handle: RePEc:cai:reofsp:reof_104_0005. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jean-Baptiste de Vathaire)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.