Compare and contrast the economic performance of Spain with Italy.
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| Submitted: Mon Oct 13 2003
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Data question: Spain and Italy 1.) Compare and contrast the economic performance of Spain with Italy The graphs show a similar trend in the economic growth rate of Spain and Italy during the first half of the decade (1990-1995). In 1990, Spain's economic growth rate was relatively high, at around 3.7% and in comparison to this, Italy's growth rate was lower as it was just above 2%. Both Italy and Spain faced short-term recession for the first year of the decade but they also recovered and the growth rate of both countries rose during 1991-92. For the year after this, Spain and Italy experienced deep recession but fortunately the growth rate rose during 1993-95. There is a big difference in the growth rate of the two countries after 1995. Italy's economic growth rate rises dramatically and peaks in 1996 at 9%. During this time, Spain's growth rate decreases slightly to around 2.4%....


