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Spain: the Canada of Europe? An economic comparison of two vastly different countries, with important elements in common Luis Seco, University of Toronto.

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Presentation on theme: "Spain: the Canada of Europe? An economic comparison of two vastly different countries, with important elements in common Luis Seco, University of Toronto."— Presentation transcript:

1 Spain: the Canada of Europe? An economic comparison of two vastly different countries, with important elements in common Luis Seco, University of Toronto

2 Country comparison Canada Spain

3 Country numbers Olympic medals (2008)GDP

4 A comparison with numbers Population: 33M GDP: $1.4T Olympic Medals in 2008: 18 Number of Universities: 90 Top University Ranking: 2727 Unemployment rate: 8%8% Population: 45M GDP: $1.3T Olympic Medals in 2008: 18 Number of Universities: 70 Top University Ranking: 201201 Unemployment rate: 20%20%

5 Macroeconomic comparison

6 Macroeconomic comparison (with France)

7 Financial Market Comparison S&P-TS 60 IBEX 35

8 Canada – Spain Comparison

9 Spain’s Financial Sector 20082011

10 Lessons to learn? In 2011: Topic for discussion: Will you have to look for a job in Spain in 2015?

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