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Ministry Of Economic Affairs And Digital Transformation
The Ministry of Economic Affairs and Digital Transformation (MINECO) is the department of the Government of Spain responsible for the proposing and carrying out the government policy on economic affairs, business support and reforms to improve economic potential growth as well as acting as the communication channel with the European Union and other economic and financial international organizations in this matters. Likewise, this department is responsible for the telecommunications policy and the digital transformation. This has been a ministry that for most of its history has been linked to the Ministry of the Treasury, including a large part of the democratic stage, although they are now separated. The MINECO is headed by the Economy Minister, a Cabinet member who is appointed by the Monarch at request of the Prime Minister, after hearing the Council of Ministers. The Minister of Economy and Business is assisted by five high-ranking officials, the Secretary of State for Econ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nuevos Ministerios
Nuevos Ministerios () is a government complex in central Madrid, Spain. The complex houses several government departments: Development, Labour, Social Security, and Ecological Transition. It is located in the block delimited by the Paseo de la Castellana, the Raimundo Fernández Villaverde street, Agustín de Betancourt street and the San Juan de la Cruz square. The original project was the work of the architect Secundino Zuazo Ugalde and was soon sponsored by the then Minister of Public Works, Indalecio Prieto. Its construction began in 1933 and, although it was paralyzed during the Civil War, the entire complex was completed in 1942. It currently houses the headquarters of the Ministry of Labour and the Ministry of Public Works, among others. The entire architectural complex is integrated into the so-called AZCA center, one of the most important business centers and offices in the capital. In the vicinity is also the Nuevos Ministerios station, a multiple exchanger with serv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Autarky
Autarky is the characteristic of self-sufficiency, usually applied to societies, communities, states, and their economic systems. Autarky as an ideal or method has been embraced by a wide range of political ideologies and movements, especially left-wing ideologies like African socialism, mutualism, war communism, communalism, swadeshi, syndicalism (especially anarcho-syndicalism), and left-wing populism, generally in an effort to build alternative economic structures or to control resources against structures a particular movement views as hostile. Conservative, centrist and nationalist movements have also adopted autarky in an attempt to preserve part of an existing social order or to develop a particular industry. Proponents of autarky have argued for national self-sufficiency to reduce foreign economic, political and cultural influences, as well as to promote international peace. Economists are generally supportive of free trade. There is a broad consensus among economist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trade Agreement
A trade agreement (also known as trade pact) is a wide-ranging taxes, tariff and trade treaty that often includes investment guarantees. It exists when two or more countries agree on terms that help them trade with each other. The most common trade agreements are of the preferential and free trade types, which are concluded in order to reduce (or eliminate) tariffs, quotas and other trade restrictions on items traded between the signatories. The logic of formal trade agreements is that they outline what is agreed upon and the punishments for deviation from the rules set in the agreement. Trade agreements therefore make misunderstandings less likely, and create confidence on both sides that cheating will be punished; this increases the likelihood of long-term cooperation. An international organization, such as the IMF, can further incentivize cooperation by monitoring compliance with agreements and reporting third countries of the violations. Monitoring by international agencie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Customs Tariff
A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry. ''Protective tariffs'' are among the most widely used instruments of protectionism, along with import quotas and export quotas and other non-tariff barriers to trade. Tariffs can be fixed (a constant sum per unit of imported goods or a percentage of the price) or variable (the amount varies according to the price). Taxing imports means people are less likely to buy them as they become more expensive. The intention is that they buy local products instead, boosting their country's economy. Tariffs therefore provide an incentive to develop production and replace imports with domestic products. Tariffs are meant to reduce pressure from foreign competition and reduce th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cabotage
Cabotage () is the transport of goods or passengers between two places in the same country. It originally applied to shipping along coastal routes, port to port, but now applies to aviation, railways, and road transport as well. Cabotage rights are the right of a company from one country to trade in another country. In aviation, it is the right to operate within the domestic borders of another country. Most countries do not permit aviation cabotage, and there are strict sanctions against it, for reasons of economic protectionism, national security, or public safety. One notable exception is the European Union, whose member states all grant cabotage rights to each other. Etymology The term "cabotage" is borrowed from French. It is derived from ''caboter'' which means "to travel along the coast". The origin of ''caboter'' is obscure: it may come from ''cap'' or ''cabo'' "cape", or it may refer to a type of boat. Attempts to link the name to the Italian explorer Cabot are not suppor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dictatorship Of Primo De Rivera
General Miguel Primo de Rivera's dictatorship over Spain began with a coup on 13 September 1923 and ended with his resignation on 28 January 1930. It took place during the wider reign of King Alfonso XIII. In establishing his dictatorship, Primo de Rivera ousted the liberal government led by Prime Minister Manuel García Prieto and initially gained the support of King Alfonso XIII and the army. During the Military Directory (1923–1925), the dictatorship created the official party of the regime, the Unión Patriótica (UP). It also censored the Spanish press and worked to eliminate separatism in Catalonia. Under Primo de Rivera's dictatorship, Spain won the Rif War, where Spanish forces fought Riffian tribes in Morocco. Primo de Rivera's dictatorship established the Civil Directory in 1925. During the Civil Directory, Primo de Rivera created the National Assembly, where Spanish corporations had their interests represented. The dictatorship formed good relationships with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spanish Crisis Of 1917
The Crisis of 1917 is the name that Spanish historians have given to the series of events that took place in the summer of 1917 in Spain. In particular, three simultaneous challenges threatened the government and the system of the Restoration: a military movement (the Juntas de Defensa), a political movement (the Parliamentary Assembly, organized by the Regionalist League of Catalonia in Barcelona) and a social movement (a general strike). These events coincided with a number of critical international events that same year. However, in world history this period is not typically referred to as a crisis, and the term is instead reserved for specific issues relating to World War I, such as the conscription crisis in Canada and the crisis of naval construction in the United States. Spain remained neutral throughout the conflict. International Events In Russia, the February Revolution of 1917 had overthrown the Tsarist autocracy. The Kerensky government was attempting to build a de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Supply (Spain)
The Ministry of Supply ( es, Ministerio de Abastecimientos) was a department of the Government of Spain formed in 1918 responsible for ensuring the supply and distribution of food and other goods relevant for the economic survival of the country. It also assumed other powers related to strengthening the expansion of the Spanish economy after the Great War. The Ministry of Supply assumed the powers of the General Commissariat of Supply, a government agency created in 1917 due to the crisis that Spain suffered in that year. The Ministry was abolished in May 1920 and its responsibilities passed to the newly created General Commissariat of Subsistence of the Ministry of Public Works. History Context When the I World War started on 28 July 1914, Spain was an economically backward country (with only the Basque Country and Catalonia with an important industry), a country that after the 1898 Spanish-American War and the 1899 treaty with Germany had ended its former colonial empire ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Antonio Flores De Lemus
Antonio Flores de Lemus (1876–1941) was a Spanish politician and economist. Life Born in Jaén, he majored in Law at the universities of Granada and Oviedo. He was university professor of Political Economy in the universities of Barcelona (1904) and Madrid Madrid ( , ) is the capital and most populous city of Spain. The city has almost 3.4 million inhabitants and a metropolitan area population of approximately 6.7 million. It is the second-largest city in the European Union (EU), and ... (1920), besides holding numerous positions for the Ministry of Property. He was involved in studies of the Spanish economy as an economist, and published diverse works about agriculture and the running of the economy. Published works * La reforma arancelaria, consideraciones y materiales (1905) * Sobre una dirección fundamental de la producción rural española (1926) * Sobre el problema económico de España (1928) * Dictamen de la Comisión para el Estudio de la Implantaci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spanish Economy
The economy of Spain is a highly developed social market economy. It is the world's sixteenth-largest by nominal GDP and the sixth-largest in Europe. Spain is a member of the European Union and the eurozone, as well as the Organization for Economic Co-operation and Development and the World Trade Organization. In 2021, Spain was the twentieth-largest exporter in the world and the sixteenth-largest importer. Spain is listed 27th in the United Nations Human Development Index and 37th in GDP per capita by the World Bank. According to ''The Economist'' in 2005, Spain had the world's 10th highest quality of life. Some of the main areas of economic activity are the automotive industry, medical technology, chemicals, shipbuilding, tourism, and the textile industry. Following the financial crisis of 2007–2008, the Spanish economy plunged into recession, entering a cycle of negative macroeconomic performance. Compared to the EU's and US's average, the Spanish economy entered reces ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Export
An export in international trade is a good produced in one country that is sold into another country or a service provided in one country for a national or resident of another country. The seller of such goods or the service provider is an ''exporter''; the foreign buyer is an '' importer''. Services that figure in international trade include financial, accounting and other professional services, tourism, education as well as intellectual property rights. Exportation of goods often requires the involvement of customs authorities. Firms Many manufacturing firms begin their global expansion as exporters and only later switch to another mode for serving a foreign market. Barriers There are four main types of export barriers: motivational, informational, operational/resource-based, and knowledge. Trade barriers are laws, regulations, policy, or practices that protect domestically made products from foreign competition. While restrictive business practices sometimes hav ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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