A growth agenda for Spain

This event discussed the growth and job prospects of Spain, based on the McKinsey-Fedea publication A Growth Agenda for Spain (Download the study here )

Spain faces serious challenges in fostering economic growth, creating jobs and reducing the budget deficit. The McKinsey-Fedea study aims to identify the best growth opportunities for Spain by studying the driving forces of sustainable growth and policy measures needed to speed up the achievement of these opportunities. An analysis on a sector-by-sector basis has led to the conclusion that Spain could create up to three million sustainable jobs if the right actions are taken. Based on this analysis, the study identifies seven significant issues around which a transformative change programme can be structured to foster sustainable growth.

The brief initial presentation of Luís Garicano (Professor of Economics and Strategy, Department of Business and Economics at the London School of Economics and Director of the Fedea-McKinsey Chair at Fedea ) was followed by comments from Massimo Suardi (Head of Unit for Spain, Denmark and Sweden at the Directorate General for Economic and Financial Affairs of the European Commission) and then by an open discussion chaired by Bruegel Research Fellow Zsolt Darvas.

Download summary here