Spain | A few lessons from 2021 for 2022

Summary

As we reach the end of the year, it's time to take stock of the last twelve months. We've seen that the best economic policy in 2021, was the rapidly rolled out, mass vaccination program. We have also seen that we can still create inflation — though this time most of it has come from the supply side rather than from demand.

Key points

• Key points:
• We've also learned that, despite our desire to do so, it isn't so easy to spend public money, and that could be a good thing.
• Lastly, it has been proven once again that Spain needs a crisis to carry out reforms.
• And even then, it is clear there is no consensus on how to tackle the biggest challenges facing the Spanish economy.

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