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Business Spanish

Such markets as the American, the second nation in the world with more Spanish speakers, the flourishing Brazilian whose second language is Spanish, the rebirth of South American countries, and ultimately the growth of Spanish, make Castilian language an essential tool for every international globalized market: La Fundación para la Difusión de la Lengua y la Cultura Española clearly bets on the ideas on this module directly aimed to the business world, international trade, inter-companies relations and each of the economical activities where Spanish is the source for the exchange of information.

Although it is virtually impossible to quantify the economical value of a language, Professor Martin Angel Municio in 2003 estimated it at a 15% of GDP in Spain, adding all the activities related to the language, meaning approximately 150,000 million Euros. That value is reflected in intangible facts: it facilitates the social integration and employment of immigrants who deepens in countries speaking their language (mainly Spain) or have it highly developed (USA). Of the four million Spanish immigrants, the 40% are Spanish speaking countries. The value is reflected in the remittances these migrants send to their countries on the possibilities of establishing business relations; in applications for language learning and the development of the network which can be distributed.

In November 2006, the Second Seminar on the Economic Value of Spanish in Montevideo, Uruguay was held One of the seminar conclusions was Spanish language is a rising star in the 21st century and a creative source of enormous potential wealth.

Spanish as a global language has started its journey since it is growing on both sides of the Atlantic. It grows in Europe where it is the second language for English and French students. It grows in Brazil, which has a population of 190 million people, implying a great potential for expansion and also where the Spanish has been introduced into compulsory education.

In the United States where its growth is increasing in an unstoppable way, with more than 40 million Spanish speakers, nearly being the second country where Spanish is more spoken behind Mexico. Spanish also has the advantage of being a young and dynamic language combining more than a thousand years of history with the dynamics of the millions of young people who speak it every day. Half of the population of Latin America is under 25 years. In the U.S. one out of five under 20 years old are Latin-American.

Translated by Miguel San José.