CLEAN : Spain says post-recession recovery speeds

The video discusses Spain's economic growth driven by internal demand and exports, highlighting the importance of exports in overcoming the crisis. It emphasizes the need to address public sector and labor market imbalances while transitioning to a technology and capital-intensive economic model. This model may not absorb much low-skilled labor, particularly from the construction and low-productivity service sectors. The forecast predicts a 1.5% growth rate, leading to job creation and improved fiscal revenues. The video concludes that Spain is moving towards a sustainable long-term growth model with durable employment opportunities.

What are the primary factors that have driven Spain's economic growth?

• Internal demand and exports

• Foreign investments and technology

• Government spending and infrastructure

• Tourism and agriculture

Why is it important for Spain to continue focusing on exports?

• To increase tourism

• To reduce public sector and labor market imbalances

• To attract foreign investments

• To improve agricultural output

What characterizes the new economic model in Spain?

• Dependent on government subsidies

• Labor-intensive and low-tech

• Focused on agriculture and tourism

• Technology and capital-intensive

What is the expected economic growth rate for Spain this year?

• 0.5%

• 3.0%

• 1.5%

• 2.5%

What is the nature of the employment being created in Spain's new economic model?

• Temporary and low-skilled

• Durable and long-term

• Seasonal and part-time

• High-paying and short-term