How Spain’s radically different approach to migration helped its economy soar
As immigration has increased, GDP has surged and unemployment has fallen to lowest level since 2008
From Madrid to Barcelona, restaurants and bars are brimming with people, and reservations have become essential for everything from fine dining to high-end hotels.
It’s a glimpse of how Spain has become Europe’s buzziest economy – named the world’s best by the Economist in 2024 – fuelled in part by what analysts have described as the government’s strikingly different approach to migration.
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