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The 142 m Torre de Madrid, built in 1957, heralded the "Spanish Miracle".. The Spanish miracle (Spanish: el milagro español) refers to a period of exceptionally rapid development and growth across all major areas of economic activity in Spain during the latter part of the Francoist regime, 1959 to 1974, [1] in which GDP averaged a 6.5 percent growth rate per year, [2] and was itself part of a ...
Map of Latin America showing modern political divisions. Latin America as a region has multiple nation-states, with varying levels of economic complexity. The Latin American economy is an export-based economy consisting of individual countries in the geographical regions of North America, Central America, South America, and the Caribbean.
Cuba is not included in the list due to lack of economic data. Of the countries listed, some are not independent: Aruba is a constituent country of the Kingdom of the Netherlands, and Puerto Rico is a United States territory with special status and thus is measured separately from the U.S. by the World Economic Outlook.
The end of the Military Directorate in 1925, the restoration of the ministerial regime and the economic circumstances led to the creation of the Ministry of National Economy (despite its name, it is today the Ministry of Industry) by Royal Decree-Law of 3 November 1928, in response to public opinion that this affairs required to be placed under ...
The economy of Spain is a highly developed social market economy. [28] It is the world's 15th largest by nominal GDP and the sixth-largest in Europe.Spain is a member of the European Union and the eurozone, as well as the Organization for Economic Co-operation and Development and the World Trade Organization.
The escalating U.S.-China trade war could become a “forever war” that ultimately drags on with no clear end in sight, according to Stephen Roach, who is an expert on the Chinese economy.
The Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. [8] The IMF publishes the World Economic Outlook report twice annually, which provides comprehensive global coverage. [9] The IMF and World Bank also produces Regional Economic Outlook for various parts of the world. [10]
Discovered Upper Peru (now Bolivia) at Potosí and in northern Mexico, silver mining became the economic motor of the Spanish empire. [19] Spain's economic power was built on silver exports from Spanish America. The silver peso was both an export commodity as well as the first global money, transforming the economies of Europe as well as China ...