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Name of Your State
Your Name
Date
OUR 50 STATES
España
DO YOU KNOW
WHERE SPAIN IS..??
• Kingdom of Spain
• Capital: Madrid
• Population 46.7 million
• Area 505,988 sq. km (195,363 sq. miles)
• Languages Spanish (Castilian), Catalan and its variant Valencian, Gallego
(Galician), Euskara (Basque)
• Major religion Christianity
• Life expectancy 79 years (men), 85 years (women)
• Currency euro
BASIC INFORMATION
NATURAL RESOURCES
( INDUSTRIES INVOLVED )
Coal
Iron ore
Hydropower
Steel/cement
Lead
Copper
Natural gas
Farming(arable land)
IMPORTS FROM :
1) GERMANY (11%)
2) FRANCE (11%)
3) CHINA (7.0%)
4) ITALY (6.4%)
5) NETHERLANDS (4.4%)
EXPORTS TO :
1) FRANCE (15%)
2) GERMANY (10%)
3) ITALY (7.7%)
4) PORTUGAL (7.1%)
5) U.K (6.2%)
FOREIGN RELATIONS
6) PLASTICS (3.9%)
7) FRUITS,NUTS (3.3%)
8) IRON/STEEL PRODUCTS (2.6%)
9) IRON AND STEEL (2.5%)
10) CLOTHING (2.5%)
EXPORTS
1) CARS (17.9%)
2) Machines, engines. (8%)
3) OIL (6.5%)
4) ELECTRONIC Eq. (5.7%)
5 PHARAMACEUTICALS (4.1)
PRODUCTS
6 ) PLASTICS (3.5%)
7 ) ORGANIC CHEMICALS (3.1%)
8 ) CLOTHING (2.8%)
9 ) IRON & STEEL (2.8%)
10 ) TECHNICAL EQ. (2.5%)
IMPORTS
1) OIL (13.8%)
2) VECHICLES (12.9%)
3) MACHINES (9.6%)
4) ELECTRONIC EQ. (7.9%)
5) PHARAMACEUTICALS (4.9%)
PRODUCTS
SWOT ON PESTLE
STRENGTH:
effective democratic system of
governance.
 Improved relations with EU
partners.
Weakness:
presence of terrorist groups.
thin majority of incumbent
government
Opportunities:
 Cross party anti crisis commission.
Threats:
EU presidency.
slowdown of the legislative reform
process.
POLITICAL
strengths:
EU membership.
strong FDI flows.
Weakness:
economic recession.
high unemployment.
decrease in spending.
Opportunities:
liberalization of govt. dominated
service sectors.
non residents are being warned
about a tax must they pay if they own
property in Spain.
Threats:
according to IMF,spain’s economy is
getting worse this year.
labour market rigidities and
unrealistic wage hikes.
economy
strengths:
well developed tertiary education
system.
prudent social welfare measures.
Weakness:
aging population.
growing income equality.
Opportunities:
labour market to move towards
permanent contracts.
protests and strikes are being held
against drilling and job cuts.
Threats:
imbalanced rural and urban
development.
social tension caused by the growing
number of immigrants.
social
Strengths:
well developed infrastructure.
well developed ICT sector.
Weakness:
gross expenditure on R&D remains
low
involvement of the private sector
Opportunities:
govt. policies promoting R&D
significant opportunities in energy
and ICT sector
Threats:
lack of innovations and low number
of patents.
technology
Strengths:
legal framework comparable to
other EU nations.
openness to foreign investments.
Weakness:
labour market regulations.
govt. interventions in the market
Opportunities:
competition policy to reduce market
rigidities.
govt. measures to reduce corrupt
practices and tax evasions.
Threats:
plethora of national and regional
regulations.
Legal
Strengths:
environmental policy based on the
EU guidelines.
commitment of national and
regional govt’s.
Weakness:
poor performances on
environmental indicators.
lack of financial measures to
improve the environment.
Opportunities:
moving towards sustainable tourism.
meeting energy needs through
renewable energy.
Threats:
curtailing environmental
expenditure.
increases desertification.
environmental
2008 2009 2010 2011 2012 2013 2014 2015
Gdp growth
rate (%)
1.1 -3.7 -0.8 0.9 1.5 1.7 2.2 1.93
Inflation
(%)
1.43 0.79 2.99 2.38 2.87 0.25 -1.4 0.02
Exports,tota
l as % gdp
25.6 22.5 21.6 22.0 22.5 23.1 23.5 17.3
Imports,tot
al as % gdp
31.5 26.2 25.4 24.9 25.0 25.2 25.8 24.4
Population.
(million)
44.7 45.1 45.5 45.9 46.2 46.6 46.9 46.1
Unemploye
ment
rate(%)
11.3 18.0 19.3 18.9 18.0 17.2 16.2 20.9
Doctors per
1000
people
5.0 5.0 5.0 5.1 5.1 5.1 5.2 5.2
Official name of Spain is “KINGDOM OF SPAIN”
Second largest country in WESTERN EUROPE AND THE EUROPEN UNION.
THIRD most visited country in 2013.
National anthem of Spain has no words. …!! ? ?
Bull is the national animal.
45 % of world’s olive oil production was done in Spain.
US has more Spanish speakers than Spain.
The Eiffel Tower was originally intended for Barcelona, Spain, but the
project was rejected.
WOW FACTS
According to the this theory every country should specialize in production.
It should export those goods in which it has greater absolute advantage and
import those goods in the production which it has greater disadvantage.
“In economics, the principle of Absolute Advantage
refers to the ability of a party(an Individual, or Firm, or Country) to produce a
greater quantity of a good, product, or service than competitors, using the
same amount of resources.”
Example:
* OLIVE OIL
* WINE
CLASSICAL THEORY :ABSOLUTE ADVANTAGE
THEORY
• Production of olive oil around 1500 million litres every year.
• Olive oil production is said to be 45%, and Spain is said to be leading olive
oil producer.
• Regarding Wine, Spain is said to export 22.6m hectolitres in 2014,22% rise
on previous years.
• Spain as the global leader in wine exports which important growth outside
of EU to North America and China.
• The competitors of Spain are Italy, Portugal, and France.
• “The HECKSHER-OHLIN model is theory in economics
explaining that countries export that can be most efficiently plentifully produced.”
• This model is used to evaluate trade and more specifically the equilibrium of
trade between two countries that have varying specialities.
• A nation will export the commodity whose production requires the intensive
use of the nation’s relatively abundant and cheap factor and import the
commodity whose production requires the intensive use of the nation’s relatively
scarce and expensive factor
• The major exports of Spain are said to be Motor vehicles, Foodstuff, Medicines,
Machinery, Pharmaceuticals, with US$283.3 BILLION in 2015.
• he major imports of Spain are said to be Oil, Electric, and Mechanical machinery
and Iron and steel and Spanish imports amounted to US$312.2 BILLION in 2015.
MODERN THEORY: HO THEORY
• www.economist.com
• www.tradingeconomics.com
• www.economywatch.com
• www.pestleanalysis.com
• www.prezi.com
• www.topexports.com
• www.factslide.com
• www.datamonitor.com
• www.worldsrichestcountries.com
REFERENCE:
swot on pestle analysis of spain

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swot on pestle analysis of spain

  • 1. Name of Your State Your Name Date OUR 50 STATES España
  • 2. DO YOU KNOW WHERE SPAIN IS..??
  • 3. • Kingdom of Spain • Capital: Madrid • Population 46.7 million • Area 505,988 sq. km (195,363 sq. miles) • Languages Spanish (Castilian), Catalan and its variant Valencian, Gallego (Galician), Euskara (Basque) • Major religion Christianity • Life expectancy 79 years (men), 85 years (women) • Currency euro BASIC INFORMATION
  • 4. NATURAL RESOURCES ( INDUSTRIES INVOLVED ) Coal Iron ore Hydropower Steel/cement Lead Copper Natural gas Farming(arable land)
  • 5. IMPORTS FROM : 1) GERMANY (11%) 2) FRANCE (11%) 3) CHINA (7.0%) 4) ITALY (6.4%) 5) NETHERLANDS (4.4%) EXPORTS TO : 1) FRANCE (15%) 2) GERMANY (10%) 3) ITALY (7.7%) 4) PORTUGAL (7.1%) 5) U.K (6.2%) FOREIGN RELATIONS
  • 6. 6) PLASTICS (3.9%) 7) FRUITS,NUTS (3.3%) 8) IRON/STEEL PRODUCTS (2.6%) 9) IRON AND STEEL (2.5%) 10) CLOTHING (2.5%) EXPORTS 1) CARS (17.9%) 2) Machines, engines. (8%) 3) OIL (6.5%) 4) ELECTRONIC Eq. (5.7%) 5 PHARAMACEUTICALS (4.1) PRODUCTS
  • 7. 6 ) PLASTICS (3.5%) 7 ) ORGANIC CHEMICALS (3.1%) 8 ) CLOTHING (2.8%) 9 ) IRON & STEEL (2.8%) 10 ) TECHNICAL EQ. (2.5%) IMPORTS 1) OIL (13.8%) 2) VECHICLES (12.9%) 3) MACHINES (9.6%) 4) ELECTRONIC EQ. (7.9%) 5) PHARAMACEUTICALS (4.9%) PRODUCTS
  • 9. STRENGTH: effective democratic system of governance.  Improved relations with EU partners. Weakness: presence of terrorist groups. thin majority of incumbent government Opportunities:  Cross party anti crisis commission. Threats: EU presidency. slowdown of the legislative reform process. POLITICAL
  • 10. strengths: EU membership. strong FDI flows. Weakness: economic recession. high unemployment. decrease in spending. Opportunities: liberalization of govt. dominated service sectors. non residents are being warned about a tax must they pay if they own property in Spain. Threats: according to IMF,spain’s economy is getting worse this year. labour market rigidities and unrealistic wage hikes. economy
  • 11. strengths: well developed tertiary education system. prudent social welfare measures. Weakness: aging population. growing income equality. Opportunities: labour market to move towards permanent contracts. protests and strikes are being held against drilling and job cuts. Threats: imbalanced rural and urban development. social tension caused by the growing number of immigrants. social
  • 12. Strengths: well developed infrastructure. well developed ICT sector. Weakness: gross expenditure on R&D remains low involvement of the private sector Opportunities: govt. policies promoting R&D significant opportunities in energy and ICT sector Threats: lack of innovations and low number of patents. technology
  • 13. Strengths: legal framework comparable to other EU nations. openness to foreign investments. Weakness: labour market regulations. govt. interventions in the market Opportunities: competition policy to reduce market rigidities. govt. measures to reduce corrupt practices and tax evasions. Threats: plethora of national and regional regulations. Legal
  • 14. Strengths: environmental policy based on the EU guidelines. commitment of national and regional govt’s. Weakness: poor performances on environmental indicators. lack of financial measures to improve the environment. Opportunities: moving towards sustainable tourism. meeting energy needs through renewable energy. Threats: curtailing environmental expenditure. increases desertification. environmental
  • 15. 2008 2009 2010 2011 2012 2013 2014 2015 Gdp growth rate (%) 1.1 -3.7 -0.8 0.9 1.5 1.7 2.2 1.93 Inflation (%) 1.43 0.79 2.99 2.38 2.87 0.25 -1.4 0.02 Exports,tota l as % gdp 25.6 22.5 21.6 22.0 22.5 23.1 23.5 17.3 Imports,tot al as % gdp 31.5 26.2 25.4 24.9 25.0 25.2 25.8 24.4 Population. (million) 44.7 45.1 45.5 45.9 46.2 46.6 46.9 46.1 Unemploye ment rate(%) 11.3 18.0 19.3 18.9 18.0 17.2 16.2 20.9 Doctors per 1000 people 5.0 5.0 5.0 5.1 5.1 5.1 5.2 5.2
  • 16.
  • 17. Official name of Spain is “KINGDOM OF SPAIN” Second largest country in WESTERN EUROPE AND THE EUROPEN UNION. THIRD most visited country in 2013. National anthem of Spain has no words. …!! ? ? Bull is the national animal. 45 % of world’s olive oil production was done in Spain. US has more Spanish speakers than Spain. The Eiffel Tower was originally intended for Barcelona, Spain, but the project was rejected. WOW FACTS
  • 18. According to the this theory every country should specialize in production. It should export those goods in which it has greater absolute advantage and import those goods in the production which it has greater disadvantage. “In economics, the principle of Absolute Advantage refers to the ability of a party(an Individual, or Firm, or Country) to produce a greater quantity of a good, product, or service than competitors, using the same amount of resources.” Example: * OLIVE OIL * WINE CLASSICAL THEORY :ABSOLUTE ADVANTAGE THEORY
  • 19. • Production of olive oil around 1500 million litres every year. • Olive oil production is said to be 45%, and Spain is said to be leading olive oil producer. • Regarding Wine, Spain is said to export 22.6m hectolitres in 2014,22% rise on previous years. • Spain as the global leader in wine exports which important growth outside of EU to North America and China. • The competitors of Spain are Italy, Portugal, and France.
  • 20. • “The HECKSHER-OHLIN model is theory in economics explaining that countries export that can be most efficiently plentifully produced.” • This model is used to evaluate trade and more specifically the equilibrium of trade between two countries that have varying specialities. • A nation will export the commodity whose production requires the intensive use of the nation’s relatively abundant and cheap factor and import the commodity whose production requires the intensive use of the nation’s relatively scarce and expensive factor • The major exports of Spain are said to be Motor vehicles, Foodstuff, Medicines, Machinery, Pharmaceuticals, with US$283.3 BILLION in 2015. • he major imports of Spain are said to be Oil, Electric, and Mechanical machinery and Iron and steel and Spanish imports amounted to US$312.2 BILLION in 2015. MODERN THEORY: HO THEORY
  • 21. • www.economist.com • www.tradingeconomics.com • www.economywatch.com • www.pestleanalysis.com • www.prezi.com • www.topexports.com • www.factslide.com • www.datamonitor.com • www.worldsrichestcountries.com REFERENCE: