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How Is the Spanish Economy Doing? Thoughts in Electoral Time
[¿Cómo está la economía española?: Reflexiones en período electoral]

Author

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  • Alfonso Santiago Novales Cinca

    (Instituto Complutense de Análisis Económico (ICAE), Universidad Complutense de Madrid (Spain).)

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.

Suggested Citation

  • Alfonso Santiago Novales Cinca, 2023. "How Is the Spanish Economy Doing? Thoughts in Electoral Time [¿Cómo está la economía española?: Reflexiones en período electoral]," Documentos de Trabajo del ICAE 2023-07, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
    • Handle: RePEc:ucm:doicae:2307
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    More about this item

    Keywords

    Growth; Productivity; Innovation; Public policies; Public-private collaboration.;
    All these keywords.

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O00 - Economic Development, Innovation, Technological Change, and Growth - - General - - - General
    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy

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