(Fishing an article in our blog bolseando2.blogspot.com)
Why the stop in Spain not low and in other countries Yes??
Does that the Spanish economy does not end out of the hole and the German Yes?
Diving in the website of the Ministry of economy and finance are found interesting graphics that help us to understand it. Let's look at one.
It is the industrial production index
with comparison of Spain, EU and OECD. Clearly shows that after the suffered crisis, the industrial production of the OECD and the EU has recovered to levels of 2005 and 2003 respectively, pero la producción industrial española sigue en niveles tan bajos que para comparar tenemos que salirnos del gráfico hacia atrás en el tiempo
. Extrapolating a little at eye mode, levels of 1997 or 1996 perhaps? Of course what is clear is that there has not been a recovery in industrial activity
, and without a strong industrial activity, able to export and generate added value, difícilmente podemos aspirar a mantener una sociedad basada en el sector servicios
. We need a good industrial base to support the rest, as the agricultural base already does.
¿Y otros países del entorno como están? Let's see
podemos ver que Alemania ha recuperado con rapidez niveles de producción similares a 2006, only 4 lost years, but France is pretty weak, and United Kingdom is little different from Spain on behavior of its industrial sector. It is not surprising that also in the United Kingdom the crisis is living with harshness.
Spain and UK are not recovering properly because its industrial production does not grow properly from the bottom reached in 2009. The industrial output is not recovering.
[Via: economic crisis in relatividad.org]