The mixed basis of a capitalist economy supports a GDP per capita (18,900) that yields 80% of the four leading West European economies. On 1 January 1999 the government, which is a parliamentary monarchy, successfully gained admission into the first group of countries launching the European single currency. The currency that Spain uses is the euro. In 2001, the conversion rate for a euro to US dollar was 1.1175. .
Main economic indicators, 2001.
Real GDP growth (%) 2.8.
Unemployment rate (%) 13.
Consumer price inflation (av; %) 3.6.
General government balance (% of GDP) 0.0(a).
General government debt (% of GDP) 57.2(a).
3-month interbank interest rate (%) 4.3.
Current-account balance (% of GDP) -2.6(b).
Exchange rate US$:Euro (av) 0.90.
Exchange rate Stg:Euro (av) 0.62.
Exchange rate Y:Euro (av) 108.85.
At this point, the current administration, the AZNAR administration, is focused on a couple of things. One of the main issues is to advocate liberation. Another important issue is privatization. The AZNAR administration is trying hard to deregulate the economy. Lastly, due to the deregulation the administration would like to introduce some kind of tax reform. .
The current unemployment situation in Spain is looking better and better by the year. At this point, under the new administration, the unemployment rate is steadily decreasing which is definitely a plus. However, the unemployment rate of Spain is still the highest amongst all countries in the European Union at 13%. The labor force at this time is 17.1 million strong. The government is constantly taking steps to make even more progress in labor laws and reforming pension schemes. These laws and schemes would be the key element to sustaining both Spain's internal economic advances and its competitiveness in a single currency area.
The labor force consists of a few different industries. Services, which makes up the biggest portion of the work force, yields 64%, manufacturing, mining, and construction is host to 29%, and agriculture makes up 7% of the workforce.
Spain produces large amounts of crops of wheat, sugar beets, barley, tomatoes, olives, citrus fruit, grapes, and cork. ... The major industries in Spain produce textiles, iron, steel, as well as many chemicals. There are also tobacco and beverage industries located in Spain. About 8 percent of the cultivated land in Spain is devoted to legumes (nuts) and to the industrial crops. ... The climate in Spain is temperate. ...
Spain Many different origins of people have dotted the land of Spain. ... They helped increase trade throughout Spain. ... Muslim Spain produced a flourishing culture. ... The Spanish Muslim kingdom was retaken over by the Visigoths. ... In conclusion Spain had its ups and downs throughout its reign. ...
Mestizos had a percentage of Spanish blood. ... Once the Spanish expanded their empire to what they called "New Spain", new problems arose. ... The Spanish finally decided on an approach. ... The Spanish were very self serving. ... The Spanish empire expanded from Spain to the Caribbean Islands, Cuba, Mexico, Central and South America. ...
Spanish is the most popular foreign language in the schools and universities of the USA. More than six hundred and fifty thousand (650,000) students in universities study Spanish each year. ... In many North American cities, there are newspapers and magazines in Spanish. ... In the "Little Habana", the Spanish neighborhood city of Miami, the stores, coffee shops, restaurants and markets have prices in Spanish and Spanish is the spoken language. The Mexican food is so popular in the USA that for North Americans, the first Spanish lessons are in the restaurant....
This also included Spain's vast overseas territories. ... Its hopes of invasion was crushed and the remnants of the Spanish Armada began their long and difficult journey back to Spain. ... It was perhaps an omen from the start, the Spanish faced problems. ... The Spanish ships were, "slower and less well armed than their English counterparts, but the Spanish planned to force boarding actions if the English offered battle in hopes the superior Spanish infantry would undoubtedly prevail.... The destruction of the Spanish Armada forces Spain to become undoubtedly weaker and fragile. ...
Independence of Spanish America This is an account of how Spanish America gained its independence. ... Spanish territory was broken up into high courts or audiencias. ... There were four areas that the Spanish Crown possessed outside of Spain. ... Spain's great reformer King Carlos III died in 1788 leaving his successor Carlos IV and Spain in a tough position. ... This loss to the French left Spain and France as allies which makes Britain and Spain enemies. ...
The war also led to the end of Spanish rule in the Western hemisphere when Spain gave up Puerto Rico to the United States. ... The Spanish American War, and the results of it, led to the downfall of the Spanish empire and allowed for the emergence of the new American empire. ... In the opinion of the American people Spain had caused the explosion because of tension between the United States and Spanish governments. ... Cuba was the primary factor of the war with Spain. ... The Philippines was the greatest land gain from Spain. ...
Spanish Florida was a colonial territory of Spain on the 16th through to the 18th century. ... In 1763, Spanish government gave up the territory to the British in exchange for the Havana. ... The Spanish paternalism government was not successful. ... This was favorable to them as compared to the Spanish government. ... The Failure of Spanish Florida.The Americas, 16(3), 271–281....
In terms of accumulation of wealth, the French also had an advantage over the Spanish. One big factor was because the Natives feared the Spanish and not the French. ... The Spanish did not get a higher end of the deal as the French for one main reason, fear. ... In conclusion, both the Spanish and French had their own ways of dealing with the Natives. ... For these reasons, the French were more successful in dealing with the Natives than Spain....
Do you believe that America as we know it has been influenced by the Spanish in many ways? In the book Forging the American Character an essay written by Henry Wiencek called The Spain Among Us records many historical facts on the significance Spanish colonization has had on the Americas. ... What I definitely did not know is that the very concept of the ranch as Spanish. ... Literature also shaped the view Americans had about the Spanish that turned good into bad. The Black Legend is a style of writing or propaganda that presented the Spanish as cruel and barbarous. ...