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Latest update : 28 January 2009.

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  • Sierra West: Challenges and Opportunities

    28 January 2009, by sods
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    We are facing a crisis of global proportions. A crisis is not accidental, it is not timely, is deeper, belongs to the very economic system that every so often leads to a crisis more or less intense. The crisis, which has a financial source, is aggravated in Spain by excessive dependence on a single sector: construction and real estate business and the financial crisis has dragged the two.
    In the region the picture may be different. We believe there are three major problems: excessive weight of the building, highly specialized workforce and low-skilled, some workers of hard labor in other sectors and, finally, a huge debt relative choking their consumption. This is the picture.