Trésor-Economics No. 140 - Why are post-crisis Spanish exports so dynamic?
Spain's export performance has improved sharply since 2009-in other words, its exports of goods and services have been more robust than expected relative to the development of the foreign demand.This strong performance is due to several factors including the sharp improvement in cost competitiveness, partly made possible by the wage moderation but also by the strong recovery in productivity that a... Lire la suite