Regulatory Reform in Spain 2000

Regulatory reform has been crucial to Spain's high economic growth in recent years. Spain has implemented far-reaching trade and investment liberalisation, privatised almost all state-owned enterprises, liberalised state controls, engaged in sectoral re-regulation and institution-building, and strengthened competition policy. Spain has gained significant economic benefits from these measures: lower prices and interest rates, increased supply-side flexibility, wider consumer choice, and higher qu