Spain and the United States - Real Instituto Elcano

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FOREIGN TRADE 89 Exhibit 4.11 Spain’s Imports, by Geographic Area (% of total)* Exhibit 4.12 US Exports to Spain, by Main Items, 1997-2004 (US$ million)
CHAPTER 5 THE HISPANIC COMMUNITY Hispanic power is on the rise in the United States, and the consequences of it could be beneficial for Spain. The number of Hispanics – more than 41 million at the last official count – surpasses the total population of Spain. 1 The Hispanic community is growing more than three times faster than the US population as a whole; in 2003 Hispanics surpassed African Americans as the United States’ largest minority group. This community is demographically, politically and economically an increasingly important force; however, despite Spain’s historic links with the United States and a long presence in the country (1513-1822, see Chapter 1), Madrid and Spanish society in general only recently began to take notice of it. Demographically, Hispanics account for more than 14% of the total US population. Between July 1, 2003 and July 1, 2004 they were responsible for about one-half of the national population growth of 2.9 million. Of the 17% rise in the Hispanic population between 2000 and 2004, 55% was due to births in the United States and 45% to immigration (see Exhibit 5.1). Economically, Hispanics’ purchasing power is more than $700 billion, and by 2010 it will probably reach a trillion dollars (Spain’s GDP reached that figure in 2005). Politically, Hispanics are gaining ground: the Senate, for the first time, has two Hispanic senators, Mel Martinez (Republican) and Ken Salazar (Democrat); there are 25 Hispanics in the House of Representatives (out of a total of 435 and compared with 21 in the first administration of George W Bush); Bush’s Attorney General and Commerce Secretary are both Hispanics; Bill Richardson, the governor of New Mexico, is partly Mexican; Los Angeles, the 1. Spain’s population was more than 44 million in 2005. The last (July 1, 2004) official figure for Hispanics in the United States of 41.3 million excludes the nearly 4 million inhabitants of the Free Associated State of Puerto Rico, where both Spanish and English are the official languages, and undocumented workers (more than 8 million are from Latin American countries according to the Pew Hispanic Centre).
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Spain and the United States The Que
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Published by the Real Instituto Elc
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ACKNOWLEDGEMENTS This is the third
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CONTENTS Preface ..................
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PREFACE Once again, our long-time c
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CHAPTER 1 OVERVIEW Had it not been
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OVERVIEW 13 French of more than two
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OVERVIEW 15 committed Protestant, a
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OVERVIEW 17 money was used to purch
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OVERVIEW 19 Later, the runway at Ro
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OVERVIEW 21 a much more balanced re
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OVERVIEW 23 The position of the Eis
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OVERVIEW 25 The first such school i
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OVERVIEW 27 significant proportion.
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OVERVIEW 29 3,631 in 2003 (the four
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OVERVIEW 31 forces were not happy a
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OVERVIEW 33 It is fair to say that,
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OVERVIEW 35 sovereign Basque state)
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