The case for investing in Spain today
Fecha: enero 2013
Autores: Ignacio de la Torre
Etiquetas: Coyuntura económica, Inversiones, Exportaciones
As a result of recent reform efforts, Spain’s structural imbalances are adjusting, providing the country with a competitive, export-driven growth model. EU liquidity facilities will allow Spain to remain solvent at the sovereign and banking level. Under the efficient market hypothesis, Spain represents an opportunity for appealing risk adjusted investment returns–with asset prices for today’s Spain at minimum historic levels. However, investors are failing to take advantage of opportunities due to existing negative perceptions over the Spanish economy.