SPAIN

FINAL PRESENATION

ANDREA PEREZ
ANDRES ROA
NIYIRETH GALVIS
SAMIR VARGAS
 INTERNATIONAL RELATIONS
Agreements of Spain

BILATERAL MULTILATERAL
• -Canada (trade and • -Central America (political and
-Canada (trade
• cooperation and
agreement) -Central America
• cooperation (political and
agreement)
cooperation agreement)
Bilateral cooperation agreement)
Multilateral
Bilateral Multilateral

• -United States (agreement of • - Mercosur (inter-regional

-United recognition,
• mutual States (agreement of
the Spanish - Mercosur (inter-regional
• framework cooperation
mutual
wine recognition,
agreement) the Spanish
bilateral framework cooperation
agreement) Multilateral
wine agreement) bilateral agreement)Brazil,
(Argentina, Multilateral
Paraguay,
(Argentina, Brazil, Paraguay,
Uruguay)
• -Latin America (economic and Uruguay)
-Latin America
• commercial (economic and
agreement)
commercial agreement)
bilateral
bilateral
 AGENCIES TO WHICH BELONGS

International agencies that belongs to Spain are:

• Organization of economic cooperation and development (OECD).

• Organization of the United Nations (UN).

• Organization of American States (OAS).

• North Atlantic Treaty (NATO) Organization.

• Organization for security and cooperation in Europe (OSCE).

 THE ROLL IS
Spain currently has diplomatic relations
with all countries of the world which are
part of the United Nations and are widely
recognized internationally.
THE POWER OF THE LARGE CORPORATIONS
Banco Bilbao Argentaria
Banco vizcaya
ORGANIZATION BBVA
 ECONOMIC POWER

• BBVA obtained in 2000, in its first full year since the merger,
profits of 371,388 million pesetas, an increase of 27.9% with
respect to 1999
 POLITICAL POWER

• The international volatility in 2016 was mainly associated with

the electoral decisions in the world and the geopolitical
conditions.
 LEGAL POWER
• In 1872, the law of 2 December is created
in order to grant credits long term with the
guarantee of real estate.
CULTURAL POWER
• They have agreements with the NBA, the Spanish football
and music league, as well as promotions such as the
league's Panini cards for children. (Novalbos, 2012)
 ECONOMIC CYCLE

1. 1975: first ascent of the oil.

2. 1979-81: second ascent of the oil and of the materials

raw. Powerful inflation in Europe.
• 3. 1993: consequence of the war in Kuwait and in Spain of the bubble
real estate and financial

4. 2009: crisis real estate, financial and of spending public. The mother
of all crisis. Preceded by a "megaburbuja" of (excessive) growth lasting
from 1994 to 2008, no less than 15 years. (Martinez, 2016)
•
 ECONOMIC CYCLE

Recovery

• The Spanish economy.

 ECONOMIC SITUATION
• GDP= C + I + G + (X - M)
• GDP = 830.214.500 + 105942150 + 296072000 + (395.708 - 366.619)
=GDP= 1.232.257.739
• Potential Real GDP=1.536.000.000 millions
• Real GDP = 1.232.257.739 millions
•
• The macroeconomic situation is deflation because real GDP is
lower than Potential GDP
 TYPE OF CYCLE

• According to the above, Spain is located in a middle

cycle, because it has approximately between 15-20
years in the process, therefore is a juglar cycle
CIRCULAR FLOW
 CURRENT OUTLOOK

Year GDP GROWTH RATE

Q1 2017 0,8%

Q2 2017 0,8%

Q3 2017 0,7%

Q4 2017 0,7%

Q1 2018 0,6%
FORECAST
GROSS DOMESTIC PRODUCT (GDP)
INFLATION RATE
UNEMPLOYMENT
 POLICY CHALLENGES
• Finance system

• Bank Central European

• Working market
THANKS….