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June 24, 2024

Spain | Aging and convergence

Despite higher recent GDP growth, the productivity of the Spanish economy has been falling behind that of the EU, making convergence in per capita income difficult. The projections of the Ageing Report 2024 do not foresee any improvement in the outlook.

May 27, 2024

Spain | Reduction of working hours and productivity

Evidence shows that permanent improvements in productivity lead to a gradual reduction in hours worked per employee. In contrast, reversing this order of causality hinders employment growth.