Demographic vulnerability and local economic development

Slight demographic dynamism is a phenomenon present in many European Union countries, and in particular, in Spain. Demographic projections by the National Institute of Statistics show an uninterrupted decline of the Spanish population, where the most affected regions would be some NUTS2 located in the north area. This paper explores the case of the Basque Country. After calculating a Demography Vulnerability Index and a Globalisation Vulnerability Index we try to identify the municipalities according to its level of vulnerability to demographic and economic changes. The study reveals a link between the demographic and economic behavior of the Basque municipalities: those that show the greatest resistance in demographic terms are those that present the greatest strength in economic terms.