Author (Person) | Puig, Sebastián, Sánchez, Ángel |
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Publisher | Elcano Royal Institute / Fundación Real Instituto Elcano |
Series Title | Analyses of the Elcano Royal Institute (ARI) |
Series Details | Number 96 |
Publication Date | 2018 |
Content Type | Research Paper |
Summary: Spain and Portugal have been the focus of international attention due to their respective economic recoveries in recent years, coming from very difficult economic times. Both were among the EU nations most affected by the 2008 crisis, suffering from economic contraction, high levels of unemployment, internal and external indebtedness, wide public deficits and, in the case of Spain, a gigantic real-estate bubble. Nevertheless, and despite the countries’ achievements in sorting out their economic woes, Portugal’s improvement is seen as miraculous, while Spanish achievements are somewhat undervalued. The question now is to elucidate if these arguments are well substantiated and analyse the demographic and economic foundations of both countries. |
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Source Link | Link to Main Source http://www.realinstitutoelcano.org/wps/portal/rielcano_en/contenido?WCM_GLOBAL_CONTEXT=/elcano/elcano_in/zonas_in/ari96-2018-puig-sanchez-portugal-versus-spain-iberian-economic-saga |
Subject Categories | Economic and Financial Affairs |
Subject Tags | Economic Governance | Situation |
Countries / Regions | Portugal, Spain |