English, PDF, 110kb
This country note from Going for Growth 2017 for Spain identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.
The Spanish economy is enjoying a robust recovery from a deep recession, with structural reforms contributing to high growth rates and a gradual decline in unemployment.
I am delighted to be back in Madrid to present the latest OECD Economic Survey of Spain. I would like to thank Minister Guindos for his kind invitation, and to pay tribute to the excellent collaboration between the OECD and his team during the preparation of this report.
Spain is enjoying a robust recovery from a deep recession, with GDP growth averaging 2.5% over the past three years.
What a pleasure it is to be in Madrid once again to participate as a speaker in the La Caixa forum on Economy and Society. I am grateful to Caixa Bank and its president, Jordi Gual, for this invitation. Tomorrow we shall be presenting the OECD’s 2017 Economic Survey of Spain, so I would like to prepare the ground a day in advance by sharing with you some of the OECD’s thoughts about the world economy.
Qué gusto estar en Madrid de nuevo para participar como conferencista en la Cátedra La Caixa Economía y Sociedad. Agradezco a CaixaBank y a su Presidente, Jordi Gual, por esta invitación. El día de mañana presentaremos el Estudio Económico de España 2017 de la OCDE, y me parece muy apropiado preparar el terreno un día antes en este recinto, presentándoles algunas de las perspectivas de la OCDE sobre la economía mundial.
As other high-income countries, Spain has experienced competitive pressures from China and other emerging economies that have resulted in a loss of global market share.
English, PDF, 98kb
This country note from Going for Growth 2015 for Spain identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.
Structural transformation towards a more knowledge-based economy will strengthen Spain’s medium-term growth prospects. To deal with long standing impediments to higher growth the government has a substantial structural reform programme touching on education, the labour market and the business environment.
Policy efforts to revitalise entrepreneurship and investment in Spain are key to generating growth and new jobs. The government has a substantial reform program to make it easier to do business in Spain, which should in some cases be deepened. Boosting economic growth requires a new generation of high-growth companies and that resources flow towards the most productive firms.