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March 26, 2019

Spain | Employment in the face of the slowdown in tourism industry: a provincial analysis

Employment in the hospitality industry has seen significant growth during the period of economic recovery in Spain. In some provinces on the Mediterranean coast, the sector has accounted for a third of employment since 2013. These provinces are vulnerable to the slowdown in the hospitality sector, given the lack of dynamism…

March 25, 2019

Premature deindustrialisation?

Spain is not different. Just as in other developed countries, the country’s economy has shown a trend towards deindustrialisation and tertiarisation. Should this worry us? The authorities seem to be concerned.

March 5, 2019

Premature deindustrialization in Spain

The Spanish economy has been experiencing a trend toward deindustrialization and tertiarization since the 1980s. This has seemingly led to a pattern of "premature deindustrialization" in some of Spain's autonomous communities; that is, a reduced proportion of the total workforce in manufacturing before having reached the le…

February 27, 2019

Incoming tourism in Spain: loss of traction pending improvements in competitiveness

Foreign tourism has been one of the main factors in economic recovery. However, growth slowed in 2018 and this trend may continue, given the less favourable external situation, the improvement in competing markets and some supply restrictions. Thus, the current climate should be seen as an opportunity to recover competitive…

December 21, 2018

The Long-Term Challenges of the Spanish Economy in the Digital Revolution

In addition to facing global challenges, the Spanish economy must face a broad set of reforms and policies to successfully overcome its challenges in the long term, make the most of the opportunities opened up by the digital revolution, increase productivity and employment rates, and resume the path toward convergence with …

September 13, 2016

Presentation "Spain Economic Outlook. Third quarter 2016"

In Spain, positive bias is confirmed for 2016, but new elements in the scenario compel to reduce 2017 growth foresight.

September 8, 2016

Spain | The economy maintains its cruising speed in Q3, although risks remain

The trend in the variables observed indicates that the recovery of the Spanish economy is continuing on from the start of the second half-year. With nearly 50% of the information available for 3Q16, the MICA-BBVA1 model estimates that quarterly GDP growth (QoQ) could string together five consecutive quarters at the level of…

July 18, 2016

Costes de no cumplir

La falta de reducción del déficit público durante los últimos meses tiene varios costes. Uno es que introduce una innecesaria volatilidad en el crecimiento, sin que posiblemente se haya hecho el uso más eficiente de esos recursos. Otro, es que debilita la credibilidad de las administraciones públicas.