The Spanish Export Led Recovery

Authors

David Wagner, University of VirginiaFollow

Abstract

I researched the export-led recovery currently taking place in Spain. My thesis revolved around Mariano Rajoy and the Popular Party coming into power in 2011 and instituting reforms in three distinct categories; financial market reforms, fiscal measures, and labor market reforms. These reforms have had a significant impact in restoring credibility in Spain's capital markets and decreasing unit labor costs. In turn, Spain has shown impressive export growth in the past two years, especially compared to its neighbors Italy and France.

Recommended Citation

Wagner, David (2015) "The Spanish Export Led Recovery," Undergraduate Economic Review: Vol. 11: Iss. 1, Article 1.
Available at: https://digitalcommons.iwu.edu/uer/vol11/iss1/1