Freeing up Spain's Autonomous Communities
Published on Monday, January 30, 2017 | Updated on Sunday, May 13, 2018
Freeing up Spain's Autonomous Communities
Summary
The Autonomous Community Liquidity Fund succeeded in reducing the cost of regional financing and avoiding the need for more procyclical fiscal policies. Nevertheless, having achieved that goal, there is now a need to implement a plan that allows regional governments to return to market-based financing.
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Regional Analysis Spain
Authors
Miguel Cardoso
BBVA Research - Chief Economist
Documents and files
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