Guillermo de la Dehesa said that the labor reform is "a matter of state" in which "everyone has to give".
The president of the Center for Economic Policy Research in London, Guillermo de la Dehesa, believes that reform of the Spanish labor market is "a matter of state" in which, at the end, everyone has to give, "to approve a law "has been awaited for decades."
In an interview on RNE, picked up by Europa Press, the economist has been considered of "paramount importance" to address a, sto credits, change in the labor market and has been convinced that it is "time to take this step" that "future generations revert .
He explains that the labor market is a "structural problem" that is repeated in Spain since 74 and he has done that in the successive crises and recessions since the country has destroyed far more jobs than many other European countries., buy darkfall gold,
Also, I regret that at present this "sacrifice" a generation of better educated, "contracts" mileuristas "without stability, and did work for those who are" overqualified. "
Therefore, it is "fundamental" reform which would tackle the main problem of recruitment and of collective bargaining. In the first case, I call for "ending the duality that exists between young, tera gold, people who strung on temporary contracts, and older workers, with 45 days severance pay, the highest in Europe," there to change. "
Regarding collective bargaining, dnded the European model which is predominantly of business areas, compared to national collective bargaining, sectoral or territorial, which is most common in Spain.
That, he says, means that wages are "very distant" productivity and thus, the country loses competitiveness "every year from the rest of world, especially compared to other Euro Zone."
These changes advocated by De la Dehesa, in your opinion, "a relatively easy thing, because it requires" nothing but change some laws. " "Not to do extraordinary things as fiscal adjustment, which is very strong," he stated.
The difference between the economic situation that led to fiscal adjustment and labor market reality is that the former is a current problem and the second is structural. However, the former Secretary of State for Economics warned that the fiscal problem "can be long-term structural if not attacking the problem early pensions, something the government is" determined "to do this year.
The settings will contain the growth
Concerning the more immediate economic evolution, Guillermo de la Dehesa pointed out that fiscal adjustment has had to face Spain will affect growth and prevent achieving the forecasts established initially for this year and next year.
So, if 2010 was expected to Spanish economic growth was around zero percent at the end will be "slightly below" zero.
And in 2011, I believe that instead of growing about 1%, is "likely" not reached those levels, because the tax increase affects consumption and expenditure cuts, in turn, reduces public investment and thus, its ability to "drag" on the rest of the economy. All this was noticed especially next year, and also the reduction of salaries of public employees, he added.
In return, he explained that these measures is gained "confidence" and placed "more easily"Spanish debt markets.
On the other hand, asked about the possibility of returning to work in the public sphere and if you have been tempted to assume such new responsibilities, the economist can assure you that after 21 years of exercise in public administration and 22 in the private sphere has "more than fulfilled in all aspects."
Financial System
De la Dehesa also commented on the situation of the Spanish financial system and the specific case of Banco Santander, which is an independent director. Thus, predicted "muchisimo tour" to the originator Cantabrian which, he said, "does not take great risks" and has a "tremendous strength".
As for the savings banks, said his problem is "overcapacity" because during the "euphoric" in 2000-2007 "was launched to open offices" to expand its network and employs around 30 percent, while Banks, meanwhile, reduced by 5% the branch network and 6% templates.
In any case, I emphasize that public aid to the Spanish financial system is "minimal" compared with injections in countries like France, Germany or UK, so I refuse to say that the Spanish system is wrong. CANTABRIA
Finally, on the Cantabrian economic situation, pointed out that "wins" the crisis "unless other regions" and stressed that the community, like the rest of the North (Navarre, La Rioja and Basque Country), is also "reacting better "than other territories in the face of the output of this situation.
As for the high speed train, believes the issue "to be lengthened because of problems of public funds" and because "it's expensive." "But everything will be done with delay," he concluded.