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Spain: Financial Sector Assessment Program - Technical Note - Housing Prices, Household Debt, and Financial Stability

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1. Spain was a growth leader for nearly 15 years until 2008. Contributing factors were peseta devaluations in the early 1990s, EU integration, euro adoption, swelling immigration, rising incomes, and easy funding that permitted a housing boom.

28 pages, ebook

First published June 14, 2006

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International Monetary Fund

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