By Edward Hugh
Spain’s political leaders are in cheerful, almost jubilant, mood at the moment. Economy minister Luis de Guindos, speaking in Davos, declared the tide had turned, and forecast that the Spanish economy would return to growth in the second half of 2013.
“The perception of the Spanish economy has improved and will continue to do so over the coming weeks and months,” he told his audience at the World Economic Forum. In similar vein, he told Spanish journalists in Moscow last weekend that Spain’s economy no longer being a key theme at G20 meetings was another welcoming sign of the times.
As ever, Spain’s economy sage is hedging his bets – earth shattering the growth will not be, but grow the economy will, this is his mantra. Put another way, the bottom in Spain’s economic collaps...
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Ed was a macro economist based in Barcelona, who specialized in growth and productivity theory, demographic processes and their impact on macro performance, and the underlying dynamics of migration flows.
He was a lovely person and a prolific blogger in his time. Ed’s analyses can be found on his “Don’t Shoot the Messenger” blog on www.economonitor.com, at the India Economy Blog, A Fistful of Euros, Global Economy Matters and Demography Matters. He was a founding member of all these weblogs.