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Give us a job: unemployment is the new Spanish curse

Article Abstract:

Spain's unemployment rate soared to 23.8% in 1994 from 5.1% in 1977 and is at 22.3% in Dec 1996. Slow growth, government regulations regarding downsizing, hidden unemployment, the underground economy, the two-tiered labor force and other aspects of the situation are discussed.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996

Employment, Spain, Unemployment, Labor market

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The curse of oil: Venezuela

Article Abstract:

An oil-price boom may once again stall needed market reforms in Venezuela. Pres Rafael Caldera may not have the will to push through a downsizing of the nation's bloated bureaucracy, when the state-owned oil company is drawing revenues of $3 billion.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996

Economic aspects, Economic policy, Petroleum industry, Economic development, Venezuela, Political reform

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