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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. Country comparison. Canada. Spain. Country numbers. Olympic medals (2008). GDP. A comparison with numbers. Population: 33M - PowerPoint PPT Presentation
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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
Country comparison
• Canada • Spain
Country numbersOlympic medals (2008) GDP
A comparison with numbers
• Population: 33M
• GDP: $1.4T
• Olympic Medals in 2008: 18
• Number of Universities: 90
• Top University Ranking: 27
• Unemployment rate: 8%
• Population: 45M
• GDP: $1.3T
• Olympic Medals in 2008: 18
• Number of Universities: 70
• Top University Ranking: 201
• Unemployment rate: 20%
Macroeconomic comparison
Macroeconomic comparison (with France)
Financial Market Comparison
• S&P-TS 60 • IBEX 35
Canada – Spain Comparison
Consumer D
iscretionary
Consumer S
taples
Energy
Financia
ls
Health Care
Industrials
Information Tech
nology
Materials
Telecommunica
tion Servi
ces
Utilities
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
CanadaSpain
Spain’s Financial Sector
2008 2011
Lessons to learn?• In 2011:
Topic for discussion: Will you have to look for a job in Spain in 2015?