Reinventing Spain's economy
Author(s): Ghemawat, Pankaj; Vanormelingen, Stijn
Document type: Opinion
Geographic area: Spain
As Europe's leaders attend one emergency meeting after another, the political high drama shouldn't make us lose sight of the fact that if the debt crisis is to be solved, Southern European companies need to change how they compete. Nowhere is that more evident than in Spain, whose elites fret over interest rates while protesters in the streets call for closing the borders and a return to barter.
Bibliographic citation: Ghemawat, Pankaj; Vanormelingen, Stijn, "Reinventing Spain's economy". CNN Money 10/07/2012