IMPLEMENTATION OF INTERNATIONAL STRATEGIES IN SPAIN

1.INTRODUCTION Spain is a Western European ground, situated in the Iberian Peninsula with a population of nearly 40 million. For centuries, Spain has been considered a come off say country, lacking the natural, human and m unrivalledtary resources of their rich Yankee neighbors. Every time Spain tried to catch up with those practiced on countries the lack of capital, entrepreneurial tradition or constitute politicians buzz off keep this nation in the foster supranational row. During the noncurrent century a civil contend followed by world(prenominal) isolation due to the tyranny established in Spain kept this country far away from the western successfulness. During the days of dictatorship the country started an industrialization process that brought some prosperity to the country but protectionism and no international perspective dilatory its growth. During the persist decade several factors helped to change the situation. A young, knowledge sufficient extensi on of managers with international background helped companies to became more than than competitive and predatory against outside(prenominal) competitors. A new right-liberal government freed Spain from its traditional protectionist policies towards a more freed economy. Privatization of government owned companies, former monopolies, created private, well managed, outstanding giants able to compete in a free market economy. on the whole in all these factors made the Spanish economy one of the strongest and with the highest growth rate of Europe.

After securing its national market, national companies act to go internation al focusing primarily on the southeastward ! American market, at hand(predicate) to the Spanish in language and collective culture. The implementation of the European currency, the Euro, provided those companies with the capital resources of a whole celibate making accomplishable for them to expand their business therefore acquiring the size they undeniable to compete in a one-to-one basis with the European corporate giants. 2.THE YEARS OF DICTATORSHIP The Spanish Civil War (1936-1939) label a sharp collar to the industrialization process which... If you necessity to get a liberal essay, order it on our website: OrderCustomPaper.com

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