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The economy of Spain is a highly developed social market economy. [29] It is the world's 15th largest by nominal GDP and the sixth-largest in Europe.Spain is a member of the European Union and the eurozone, as well as the Organization for Economic Co-operation and Development and the World Trade Organization.
The Spanish economy began to fall behind the British economy in terms of GDP per capita during the middle of the seventeenth century. The explanations for this divergence are unclear, but "the divergence comes too late to have any medieval origins, whether cultural or institutional" and "it comes too early...
The Spanish miracle (Spanish: el milagro español) refers to a period of exceptionally rapid development and growth across all major areas of economic activity in Spain during the latter part of the Francoist regime, 1959 to 1974, [1] in which GDP averaged a 6.5 percent growth rate per year, [2] and was itself part of a much longer period of an ...
The Spanish economy minister responsible for its state-owned businesses, Carlos Cuerpo, met with Chancellor Rachel Reeves and Business Secretary Jonathan Reynolds in London last month.
Falangist propaganda from the Spanish Civil War, reading "By force of arms/Fatherland, Bread and Justice".. The economy of Spain between 1939 and 1959, usually called the Autarchy (Spanish: Autarquía), the First Francoism (Spanish: Primer Franquismo) or simply the post-war (Spanish: Posguerra) was a period of the economic history of Spain marked by international isolation and the attempted ...
From Spain, Prime Minister Pedro Sánchez called the agreement “an unprecedented economic bridge.” ... In 2016, the EU and Canada signed a pact, known as the Comprehensive Economic and Trade ...
Spanish decline can trace its direct causes to the long-term inflation and hyperinflation caused by the New World silver pouring into the Spanish economy after 1530 or so. This one economic problem caused a cascade of events in Spain's economy that ultimately destroyed its prosperity and led to Spain's long-term decline.
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