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Country Analysis Report - Spain - In-depth PESTLE Insights

Datamonitor, April 2011, Pages: 83


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Introduction

The country analysis report on Spain provides a wide array of analytical inputs to analyze the country’s performance, and the objective is to help the reader to make business decisions and prepare for the future. The report on Spain analyzes the political, economic, social, technological, legal and environmental (PESTLE) structure of Spain. The report provides a holistic view of Spain from historical, current and future perspective. Insightful analysis on critical current and future issues is presented through detailed SCPT (strengths, challenges, prospects and threats /risks) analysis for each of the PESTLE segments. In addition, the PESTLE segments are supplemented with relevant quantitative data to support trend analysis. The PESTLE country analysis report series provides an in-depth analysis of 50 major countries.

Features and Benefits

- Understanding gained from the country analysis report on Spain can be used to plan business investments or market entry apart from a holistic view of the country.
- Political section on Spain provides inputs about the political system, key figures in the country, and governance indicators.
- Economic section on Spain outlines the economic story of the country to provide a balanced assessment on core macro-economic issues.
- Social section on Spain enables understanding of customer demographics through the income distribution, rural-urban segmentation and centres of affluence, healthcare and educational scenario in the country.
- Technological section on Spain provides strategic inputs on information communications and technology, technological laws and policies, technological gaps, patents data and relevant laws.
- Legal section on Spain provides information about the legal structure, corporate laws, business set-up procedures and the tax regime.
- Environmental section provides information on environmental policies in Spain and the performance in terms of important environmental indicators.

Highlights

PESTLE analysis of Spain identifies issues that affect the country’s performance through the prism of current strengths (strengths), current challenges (weaknesses), future prospects (opportunities) and future risks (threats).
The political landscape discusses the evolution of the political scenario in Spain in different periods. The economic, social, foreign and defence policies are considered in the political landscape section. It also discusses the performance of the country as per World Bank Governance Indicators.
The economic landscape describes the evolution of the economy of Spain in different periods. It also examines the country’s performance in terms of GDP growth, composition by sector (agriculture, industry and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector and employment. The economic landscape also explains the financial system in the country, especially with regard to financial authorities/regulators.
The social landscape covers the demographics, education and healthcare scenario in Spain. The social welfare policies of the government along with the country’s performance in terms of healthcare, income distribution and education are also provided.
The technological landscape discusses the structure and policies in terms of Intellectual property, research & development, technology agreements/pacts; and policies related to the promotion of technology in Spain.
The legal landscape examines the structure of the judicial system, legislation affecting businesses, tax regulations, labor laws, trade regulations and corporate governance in Spain.
The environmental landscape in Spain discusses the environmental regulations and policies of the country. The performance of the country in terms of in terms of environmental indicators and impact of environmental policies is also examined.

'Since the mid-1990s, Spanish economic growth has outperformed the rest of the Eurozone, primarily driven by mass tourism and European subsidies. The economy grew at an average rate of 4% during 1997–2000. The country’s growth slowed somewhat during 2001–03 and it did not exceed 3.5% in any year. The economy registered a CAGR of 3.6% during 2000–06. After attaining a steady growth during 2000–06, the Spanish economy continued to decline in the second half of 2007 and 2008. It attained a growth rate of 1.1% in 2008 compared to 3.7% in 2007. The deceleration in 2008 came about as a result of the sharp slowdown in national demand. National domestic demand posted an average rate of increase of 0.4% in 2008, compared with 4.2% in 2007. This was due to weak consumption and investment expenditure. The downward trend continued in 2009 and the economy shrank by 3.7%.'

Your key questions answered

- What is the outlook in terms of political stability, policies towards businesses, external front and popularity of government in Spain?
- What is the economic performance of Spain in terms of GDP growth, fiscal situation, international investment position, monetary situation, credit disbursement, and employment among other economic indicators?
- What is the performance of Spain in terms of healthcare, income distribution and education?
- What is the performance of Spain in technology intensive sectors like telecommunications and information technology, patents and R&D expenditure trends?
- What is the legal structure in Spain and are the laws conducive for investment?
- What is the performance of Spain in terms of environmental indicators and impact of environmental policies?



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