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Spain has educated workers. The real problem is that Spanish businesses often seek to compete on low wages instead of good management and investment strategies.
The Basque Country has been a notable, if partial, exception.
There this is more competition based on quality and specialization, with the attendant investment in plant and vocational skills. The uncoordinated use of universities to provide workers marketable skills ends badly. Student leave with a general education and little of actual use in getting a job. And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg
That's not the story that the Spanish serious people are telling in serious publications such as this one. Economics is politics by other means
Seriously. This is around the area of my dissertation. Spain, varieties of capitalism, etc.
Part of my argument is that at least one part of Spain, e.g. the Basque Country, has been moving closer to the German model, and away from the more liberal UK model. And if you look at the numbers, the Basque country have fared much better in this recession than the rest of Spain. It's one of, if not the only, part of the industrialized world in which industry as a % of GDP is on the rise. And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg
I need a shower. Economics is politics by other means
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