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The Rise of Spanish Multinationals: European Business in the Global Economy
The last fifteen years or so have witnessed a major transformation of Spanish businesses. After decades of protectionism and isolation, virtually all of them are now exposed to the winds of international competition; nearly a thousand have invested abroad in order to exploit the opportunities inherent in operating across borders. As a result, Spain has become one of the ten largest foreign direct investors in the world, with key consequences for the country's economy, financial system, diplomacy, image and society, as well as for Europe.
This material has been published in The Rise of Spanish Multinationals: European Business in the Global Economy by Mauro Guillén. This version is free to view and download for personal use only. Not for re-distribution, re-sale or use in derivative works. © Cambridge University Press
Guillén, M.F. (2005). Europe, Spain, and the Future of Spanish Multinational Firms. In Guillén, M.F. The Rise of Spanish Multinationals: European Business in the Global Economy, 224-232. Cambridge University Press.
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Date Posted: 25 October 2018