The Barometer of the Círculos project has two purposes: to identify and track the principal strengths and competitive weaknesses in our business climate, and to propose concrete measures and structural reforms to correct these weaknesses.

The Barometer of the Círculos will come out annually and will quantify the opinions of top Spanish managers about key aspects of our economy. The yearly development of the criteria in the Barometer will give the Spanish economy some yardsticks to measure its development, with regard to both the situation at a given moment and to structural conditions.

The Barometer is developed around three elements that distinguish it from other indicators about the comparative competitiveness of countries:

  • It takes as its starting point the results for Spain of the principal indicators about comparative competitiveness among countries. It thus identifies the most important conclusions of these sources and integrates them into a homogenous measurement so that they can be taken as comparative reference with the analysis of the Barometer itself.
  • It generates information and analysis based on the opinions of a wide range of businessmen and managers in Spain who are members of these Círculos. This is something unique, a result of the very nature of the Círculos, which are able to access a very interesting sample of the Spanish business world and high levels of business and management responsibility.
  • It generates practical results that are useful when taking decisions, both by investors and public institutions. To this end, it provides clear and rigorous conclusions about competitiveness relative to the Spanish economy, and about areas of business where the Public Administrations and the companies themselves should take action.

We hope that successive issues of the Barometer de los Círculos will generate wide debate that bring transparency and objectivity about the competitiveness of the Spanish economy, as well as useful ideas for its continued improvement.

Finally, we wish to express our gratitude to the sponsoring bodies (DKV Seguros Médicos, Fujitsu, Santander and Telefónica) whose cooperation has made possible the publication of this Barometer.


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