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Fortune
Fortune
Jorge Lluch

The real reason Spain’s economy is bucking the trend of European decline

(Credit: ANDER GILLENEA—AFP/Getty Images)

Spain’s economic growth has come on leaps and bounds in the last decade. So much so that it’s set to become the fastest-growing major advanced economy in the world this year. The Spanish economy is on course to expand at three times the pace of the Eurozone as a whole—and even eclipse U.S. growth rates in the process. 

Tourism, immigration, foreign investment, and public spending have been credited with this economic surge. But as the co-founder of a successful scale-up, I have my own theories on not only how and why our economy hit its stride in recent years but also, more importantly, where we should go from here.

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