A ECONOMÍA DE GALICIA E ESPAÑA EN 2007-2017: DEZ ANOS DE CRISE E RECUPERACIÓN. (Galician)

In the period 2007-2013 the economy of Galicia and Spain experienced a decrease in production and employment followed by a slight recovery in the period 2014-2017. This recovery is welcome but not sufficient to boost economic development, because industrial production per inhabitant is not experiencing the necessary convergence towards more advanced regions and countries. In order to boost the simultaneous growth of real per capita income and the level of employment, Galicia and Spain need a significant increase in the real income produced in the industrial sectors. In this report we highlight the role of the tourism industry and human capital in regional development. In the period 1996-2008, Galicia experienced a significant increase in industrial per capita income, until it reached convergence with the Spanish average, but it experienced a stagnation, together with Spain as a whole, in the period 2008-2015, far from the levels of the Spanish and European regions with a higher level of industrial development. [ABSTRACT FROM AUTHOR]

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