Published on Thursday, October 31, 2019
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Regions with less income should have the highest growth rates. Capital is scarce in the more disadvantaged regions, which means higher profitability. In theory, this should encourage investment; but is that what has happened during crisis and recovery in Spain?
- Key points:
- On the one hand, there are rich communities that have gained ground on the average. On the other hand, there are more disadvantaged regions that have lost ground.
- Regions with less income suffered greater job loss, yet this had no differential impact on the increase that they all experienced in productivity.
- In the face of the next recession, the role that regional demand policies can play would make an interesting topic of study.
- Geography Tags
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- Regional Analysis Spain