Spanish language will be the second economic exchange language in the world by 2011

The Spanish language will be the second economic exchange language in the world during the next decade and it could even surpass the English language on the number of native speakers according to the study presented in Madrid by FUNDACIÓN TELEFÓNICA.

According to a study called “Economy of the Spanish, an Introduction,” “the Spanish language will be the second language used for economic exchange in the world throughout the next decade,” indicated by FUNDACIÓN TELEFÓNICA in a statement.

“The Spanish language makes the quota of the Spanish exportation market to multiply about two, three times more in conjunction with other Spanish speaking countries,” a “multiplying factor even bigger than the English speaking among the Anglo-Saxon countries.”

This study presented by FUNDACIÓN TELEFÓNICA, is the first of 10 volumes that are going to be presented stating the value of the Spanish language, also underlining that the Spanish language “multiplies by 2.5% the quota of immigrants from countries that share the Spanish spoken language,” which “it reduces the cost of integration.”

The Spanish language, considered the third language in the world by the number of speakers (399 million, 5% of the world population), just falling behind Chinese and English, could surpass the English language “during the first decade of the 21st century” according to the “Atlas of the Spanish language in the world,” also presented as part of this same study.

During the past 8 years, “the number of native Spanish speakers increased by 8%,” being considered the language with the biggest increase among speakers, which it represents “very remarkable expectations for the economic development.”

According to FUNDACIÓN TELEFÓNICA, “the Spanish language as well as the Hindi language is experiencing a moderate but constant increasing among speakers, conditioned by the development of their demography and expansion, linked to the economic development.”

FUNDACIÓN TELEFÓNICA points out the base as being “the cohesion” among the Spanish speakers, in 22 countries, the majority being neighbouring countries, and with more than 90% of speakers among them.

Source: El Mercurio