HOMEMASS MEDIAXavier in the NewsCredit squeeze strangling Spanish business: WEF
04 September 2013
Credit squeeze strangling Spanish business: WEF
Mass media - News Sala i Martín
The Local

Tags: Competitiveness

Spain has taken 35th place in the latest World Economic Forum (WEF) global competitiveness rankings, better than the result it achieved 12 months ago, but the forum says the country's credit squeeze is hampering innovation and growth [...]

Xavier Sala-i-Martin, Professor of Economics, Columbia University, USA, said: “The report highlights a shift in the narrative of the global economy from one year ago, when fire-fighting still characterized much of global and regional economic policy [...]

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