 SpainDaniel Bulin () Conjunctura economiei mondiale / World Economic Studies, 2017, 136-143 Abstract: Out of recession since 2014, Spain's economy grew robustly in 2016, exceeding both the EU and Eurozone average. This favourable trend is a result of the recovery in domestic demand, and particularly the positive evolution in private consumption, but also of increasing investments, even if at a much lower rate than in previous years. The economic recovery has a positive impact on the level of unemployment, respectively the budget deficit, moderating both indicators. Spanish companies have also overcome the political uncertainty over the last period, and managed to maintain their export competitiveness. The Spanish economy is still experiencing high unemployment, with its structural component remaining profoundly negative. The major risk facing the Spanish economy remains the high level of public debt, while the forecasts do not suggest any improvement in this respect. For the 2017-2018 period, projections show a possible slowdown in growth, but given the favourable developments in recent years, the emergence of other significant risks is not likely. Keywords: Spain; GDP; Eurozone; exports; unemployment; public debt; political frame (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:iem:conjun:y:2017:p:136-143 Access Statistics for this article Conjunctura economiei mondiale / World Economic Studies is currently edited by Simona Moagar Poladian, PhD More articles in Conjunctura economiei mondiale / World Economic Studies from Institute for World Economy, Romanian Academy Contact information at EDIRC. |
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