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Industry in Spain
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Industry in Spain

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Industry in Spain Industry in Spain Presentation Transcript

  • Industry in Spain
  • The beginnings… • The industrialization process started later than in other Western European Countries –around 1850s. • Early industrial activities: mining, processing of metals, textiles in factories that belonged to foreign businessmen • Located near sources of raw materials: Huelva (copper), Asturias (coal), Basque Country and Cantabria (iron); workers Catalonia (textiles); areas with good communication Mining in Huelva: copper Asturias: Steel
  • … and the 20th Century • Civil War (1936-1939) stopped the industrial expansion –the whole economy suffered the consequences of the war • In the late 1950s industry started a new phase: light industry provided cars, home appliances, textiles, etc. Military factory in late 1930s Fiat Seat: the most popular Spanish car in the 1960s
  • Spain and the EU • Around 1970s industry employed 35% of the workforce and provided 34% of GDP • 1980s-1990s: restructuring processes to modernize Spanish industries, adapt to EU regulations and attract investments result in closed factories and unemployment Unemployed miners in Guipuzcoa, 1991
  • Spanish industry today • Statistics reflect a decline in industry: – 16% active population – 17% GDP • Spain is the fifth largest industrial power in EU. • EU aid has helped strengthen and modernize Spain’s industry
  • Spanish industry today • Industrial areas can be classified in 4 types: – developed , – expanding – declining – scattered
  • Construction industry
  • Weaknesses of Spanish industries • low investment in R+D: companies are small and there are no strong official policies targeting the problem with financial aid; • not competitive in the global market: industrial activities of a less creative nature, adopting existing innovations.
  • Investment in R+D Compare the situation of R+D in Spain compared to other MEDCs