Details
| Translated title of the contribution | From crisis to crisis? The shaky foundations of Spain's economic recovery |
|---|---|
| Original language | German |
| Pages (from-to) | 56-61 |
| Number of pages | 6 |
| Journal | Geographische Rundschau |
| Volume | 2018 |
| Issue number | 1-2 |
| Publication status | Published - 2018 |
Abstract
The economic and financial crisis has had a dramatic impact on Spain. In 2009 the country's gross domestic product (GDP) declined by almost 4 per cent. The national budget reached a deficit of 11 per cent of GDP. The unemployment rate peaked at 26 per cent in 2013. Home evictions became frequent, totalling 200,000 cases from 2006 to 2012. Even today the situation of young Spaniards remains precarious, also because of the flexibilisation of the labour market. Many have chosen to emigrate. Spain furthermore suffers from regional disparities: the Basque country, Catalonia and the regions of Madrid and Valencia are industrialised, while many peripheral parts of the country are shaped by the agricultural sector and small enterprises that overly rely on local markets. The recent economic recovery relies on the construction sector, which was critical to the pre- crisis economy and gave rise to the crisis itself. Once again it appears that private and public infrastructure is being built, not so much to fulfil people's needs but rather to absorb over-accu- mulated capital.
ASJC Scopus subject areas
- Social Sciences(all)
- Geography, Planning and Development
- Environmental Science(all)
- Water Science and Technology
- Energy(all)
- General Energy
- Earth and Planetary Sciences(all)
- Atmospheric Science
Sustainable Development Goals
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In: Geographische Rundschau, Vol. 2018, No. 1-2, 2018, p. 56-61.
Research output: Contribution to journal › Article › Research › peer review
}
TY - JOUR
T1 - Von der Krise in die Krise?
T2 - Spaniens wirtschaftlicher Aufschwung steht auf wackligem Fundament
AU - Scholvin, Sören
AU - Saltzmann-Pusiol, Maike
PY - 2018
Y1 - 2018
N2 - The economic and financial crisis has had a dramatic impact on Spain. In 2009 the country's gross domestic product (GDP) declined by almost 4 per cent. The national budget reached a deficit of 11 per cent of GDP. The unemployment rate peaked at 26 per cent in 2013. Home evictions became frequent, totalling 200,000 cases from 2006 to 2012. Even today the situation of young Spaniards remains precarious, also because of the flexibilisation of the labour market. Many have chosen to emigrate. Spain furthermore suffers from regional disparities: the Basque country, Catalonia and the regions of Madrid and Valencia are industrialised, while many peripheral parts of the country are shaped by the agricultural sector and small enterprises that overly rely on local markets. The recent economic recovery relies on the construction sector, which was critical to the pre- crisis economy and gave rise to the crisis itself. Once again it appears that private and public infrastructure is being built, not so much to fulfil people's needs but rather to absorb over-accu- mulated capital.
AB - The economic and financial crisis has had a dramatic impact on Spain. In 2009 the country's gross domestic product (GDP) declined by almost 4 per cent. The national budget reached a deficit of 11 per cent of GDP. The unemployment rate peaked at 26 per cent in 2013. Home evictions became frequent, totalling 200,000 cases from 2006 to 2012. Even today the situation of young Spaniards remains precarious, also because of the flexibilisation of the labour market. Many have chosen to emigrate. Spain furthermore suffers from regional disparities: the Basque country, Catalonia and the regions of Madrid and Valencia are industrialised, while many peripheral parts of the country are shaped by the agricultural sector and small enterprises that overly rely on local markets. The recent economic recovery relies on the construction sector, which was critical to the pre- crisis economy and gave rise to the crisis itself. Once again it appears that private and public infrastructure is being built, not so much to fulfil people's needs but rather to absorb over-accu- mulated capital.
UR - http://www.scopus.com/inward/record.url?scp=85044946287&partnerID=8YFLogxK
M3 - Artikel
AN - SCOPUS:85044946287
VL - 2018
SP - 56
EP - 61
JO - Geographische Rundschau
JF - Geographische Rundschau
SN - 0016-7460
IS - 1-2
ER -