What Spain can teach the rest of Europe

Our number-crunching suggests it was the best-performing rich economy in 2024

A dOZEN YEARS ago Spain was a byword for economic failure. The country’s government and banks appeared to be locked in a death spiral and depended on bail-outs. Young people were leaving the country or protesting at their lack of opportunities. Homes lay half-built and airports abandoned, relics of a burst construction bubble.

This article appeared in the Leaders section of the print edition under the headline “Spanish lessons ”

From the December 14th 2024 edition

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