How Is the Spanish Economy Doing? Thoughts in Electoral Time

¿Cómo está la economía española?: Reflexiones en período electoral

Alfonso Novales

No 2023-07, Documentos de Trabajo del ICAE from Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico

Abstract: This work examines the key indicators for comparing the progress of the Spanish economy in recent years. A systematic and progressive decline in per capita income in comparison to EU countries is observed, which is likely not independent of the constant weakness in private investment in equipment, the scarcity of resources allocated to R&D, and consequently, the limited success in innovation. Subsequently, some institutional aspects that lead to a loss of social confidence are analyzed, hindering the reversal of the aforementioned economic trends and preventing the Spanish economy from evolving along a definitive path of progress.

Keywords: Growth; Productivity; Innovation; Public policies; Public-private collaboration. (search for similar items in EconPapers)
JEL-codes: E02 O00 O40 (search for similar items in EconPapers)
Pages: 62 pages
Date: 2023
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