The Community of Madrid, Navarra and the Basque Country have been probably the most aggressive autonomies within the final 5 years, in response to the College of Economists of Spain, whose research additionally point out that the gap with the remaining is rising.
The final of the experiences on regional financial competitiveness of the College of Economists of Spain (revealed in December 2022 and associated to 2021) not solely signifies that this “aggressive triangle” maintains its “stable” place within the final 12 months studied, but in addition which additionally factors to the rise in “polarization” between the autonomous communities.
“The first three have gotten unmarked, whereas Catalonia is remoted within the higher center step” and the remaining are additional and additional away from the primary, he factors out.
Andalusia and the Valencian Community within the low competitiveness group
Between 2017 and 2021, with the pandemic and the Next Generation funds concerned, the Community of Madrid and the 2 communities with a regional financing system usually are not solely all the time the primary, but in addition the one ones with a excessive stage of competitiveness. In these 5 years, the “rating” has registered small variations, resembling the truth that Navarra overtook the Basque Country in 2018, or that Murcia and the Valencian Community fell into the bottom group (in 2018 and 2020, respectively), which they haven’t deserted The Principality of Asturias entered that group in 2019, however has improved in recent times.
The experiences elaborate the classification with two orders: the extent of competitiveness (excessive; medium – excessive; medium – low and low), on the one hand. And the checklist of autonomies from probably the most to the least aggressive, on the opposite. Both classifications are very secure.
Thus, within the final course analysed, in 2021, the low competitiveness group is as soon as once more made up, as in 2020, of Extremadura, Andalusia, the Canary Islands, the Balearic Islands, Castilla-La Mancha, the Region of Murcia and the Valencian Community.
The second stage, that of medium – excessive competitiveness, is made up solely of Catalonia, whereas Aragón, La Rioja, Castilla y León, Cantabria, Galicia and the Principality of Asturias make up the group with a relative medium – low aggressive stage.
This newest report is concentrated on 2021, so it doesn’t report the results of the struggle in Ukraine, nor a big a part of the consequences of the Next Generation funds, nevertheless it does report the pandemic, along with the modifications which have taken place within the Government, amongst others. And its solely results are that the gap between one of the best and the remaining will increase.
The College of Economists of Spain has been publishing the Regional Competitiveness Report in Spain for the final 5 years. It started to publish it in 2018. The classification relies on standards resembling measurement and financial dynamism, employment, human capital, infrastructure, the enterprise cloth or technological innovation.