Garicano, Luis (2012) Spain’s economic problems are not being helped by attempts to disguise debt in official figures. European Politics and Policy at LSE (06 Dec 2012). Website.
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Abstract
This week Spain formally requested 39.5 billion euros of European funds to recapitalise Spanish banks. Luis Garicano writes that one of the key issues exacerbating Spain’s economic crisis is the tendency to disguise debt in official figures. He argues that in several areas of the Spanish economy it is better to accept money has been lost, rather than spend further funds simply to maintain an appearance of sustainability.
| Item Type: | Online resource (Website) |
|---|---|
| Official URL: | http://blogs.lse.ac.uk/europpblog// |
| Additional Information: | © 2012 The Author |
| Divisions: | Economics Management Centre for Economic Performance |
| Subjects: | H Social Sciences > HC Economic History and Conditions |
| JEL classification: | H - Public Economics > H0 - General |
| Date Deposited: | 26 Mar 2013 14:39 |
| Last Modified: | 11 Dec 2024 12:58 |
| URI: | http://eprints.lse.ac.uk/id/eprint/49459 |
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