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The economic and financial crisis has hit Spain harder than practically any other country in Europe. Even if there are … occasional reports that the Spanish economy is improving slightly, the unemployment rate remains at 25 per cent and is as high as … 54 per cent among Spain's young people. The data presented in this article, which were obtained via a representative …
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In recent weeks, fears of a worldwide economic recession have become widespread because more and more symptoms appear that resemble those at the start of the great depression of 1929. However, wrong conclusions may be drawn from similar symptoms unless basic development trends as well as the...
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In the context of the ongoing financial and economic crisis reference is frequently made to the Great Depression of the 1930s and fears are voiced that we may have embarked on a similar path. This article looks at the conditions prevailing back then and compares them with the present economic...
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