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The Competitiveness of Spanish Industry

Published online by Cambridge University Press:  26 March 2020

Manuel Ahijado ,
Iain Begg  and
David Mayes
Manuel Ahijado
Affiliation:
Universidad Nacional Educacion a Distancia, Madrid
Iain Begg
Affiliation:
Universidad Nacional Educacion a Distancia, Madrid
David Mayes
Affiliation:
Universidad Nacional Educacion a Distancia, Madrid
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Extract

The Spanish economy has undergone a transformation in the last decade, in the course of which it has emerged significant industrial power. This process has been associated, in part with EC membership since 1986, a result of which has been a reorientation of trade away from traditional trading partners, such as Latin America and towards the EC. In 1991, 67.2 per cent of Spanish exports of manufactures went to other EC countries, compared with 51.2 per cent in 1980. Spain has, too, been a favoured destination for foreign direct investment in recent years, facilitating the development of new industries.

Type
Articles
Information
National Institute Economic Review , Volume 146 , November 1993 , pp. 90 - 114
Copyright
Copyright © 1993 National Institute of Economic and Social Research

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Footnotes

∗

Respectively, Professor at Universidad Nacional Educacion a Distancia, Madrid; Senior Research Officer, Department of Applied Economics, University of Cambridge; and Senior Research Fellow, National Institute of Economic and Social Research. This article draws on a joint research project carried out by the authors for the Industry Ministry in Spain. The aim of this work was to appraise the competitiveness of Spanish industry as background research for the publication of a Government White Paper on industry. The conclusions drawn here are the sole responsibility of the authors and do not necessarily reflect the views of the Ministry.

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