The Economic model of Spain is largely unchanged since the 1950s.
Mass-market tourism from Northern Europe and an expansion of private home-ownership has been the basis of the country Economic Growth through from Dictatorship to Democracy to EU Accession.
It is clear however that this model has to change. It does not produce enough big firms and therefore not enough jobs.
Spains Youth Unemployment... [read more]
The Economic model of Spain is largely unchanged since the 1950s.
Mass-market tourism from Northern Europe and an expansion of private home-ownership has been the basis of the country Economic Growth through from Dictatorship to Democracy to EU Accession.
It is clear however that this model has to change. It does not produce enough big firms and therefore not enough jobs.
Spains Youth Unemployment rate is over 40% and a movement known as the “indignados” has sprung up to get answers to why their future seems less bright than that of their parents.
Topics to be covered include:
- Spain´s Property Bubble and Banking Difficulties
- Economic Parallels with the other PIIGS countries
- Should we support the “indignados” or are they just whingers
Joe has been interviewed by The Irish Times, Morning Ireland (RTE), the Wall Street Journal and La Razon.
Join him at 12h (Ireland) on webcast from Madrid.