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In the 1950s and 1960s, Spain underwent one of the most rapid processes of economic development the world had ever seen. Most existing analyses of this process explain the “Spanish Miracle” as a product of the unleashing of market forces and of changes in economic policy made by the Franco regime in the 1950s. Political Economy of the Spanish Miracle provides an alternative explanation of Spanish economic development, analyzing the Miracle from an interdisciplinary political economy perspective that treats capitalist growth as a complex and dynamic interaction between capitalists, workers and the state. The Spanish Miracle is linked to changes in Spanish society produced by the Spanish Civil War, to the class structure of the regime brought to power by that Civil War and to the interaction between domestic social struggles under the Franco regime and Spain’s insertion into the international political economy of the Cold War capitalist world. Ambitious in scope, Political Economy of the Spanish Miracle both revises conventional understandings of Spanish economic growth and situates Spain within comparative discussions of development in the twentieth century. This book will be of great interest to readers in political economy, economic sociology, historical sociology and Spanish and European history more broadly.
The growth of institutional capacity in the developing world has become a central theme in twenty-first-century social science. Many studies have shown that public institutions are an important determinant of long-run rates of economic growth. This book argues that to understand the difficulties and pitfalls of state building in the contemporary world, it is necessary to analyze previous efforts to create institutional capacity in conflictive contexts. It provides a comprehensive analysis of the process of state and nation building in Latin America and Spain from independence to the 1930s. The book examines how Latin American countries and Spain tried to build modern and efficient state institutions for more than a century - without much success. The Spanish and Latin American experience of the nineteenth century was arguably the first regional stage on which the organizational and political dilemmas that still haunt states were faced. This book provides an unprecedented perspective on the development and contemporary outcome of those state and nation-building projects.
This book investigates the causes and consequences of crisis in four countries of the Eurozone periphery – Greece, Spain, Portugal and Ireland. The contributions to this volume are provided from country-specific experts, and are organised into two themed subsections: the first analyses the economic dynamics at play in relation to each state, whilst the second considers their respective political situations. The work debates what made these states particularly susceptible to crisis, the response to the crisis and its resultant effects, as well as the manifestation of resistance to austerity. In doing so, Parker and Tsarouhas consider the implications of continued fragilities in the Eurozone both for these countries and for European integration more generally.
​This book analyses the main historical turning points in the Spanish economy and the related challenges it faced. It focuses on six turning points that changed the direction of the Spanish economy, and identifies the economic, social or political origin of these watersheds. It also compares the Spanish trajectory with the international one, exploring the macroeconomic context in which these turning points happened, as well as the external and internal constraints on domestic political choices for a small country like Spain. The book focuses on how Spain faced up to each turning point, the reforms that were implemented, the differences between the Spanish response and that of other countries, the results of the policies enacted and what problems were not tackled. This is an interesting and unique perspective as most of the turning points in economic history are generally studies from the viewpoint of core countries such as the UK, US or Germany. The ultimate objective is to learn useful lessons from Spanish economic history in order to better face future turning points.
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Explores the application of constructivist theory to international relations. The text examines the relevance of constructivism for empirical research, focusing on some of the key issues of contemporary international politics: ethnic and national identity; gender; and political economy.
Spain Transformed addresses the sweeping social and cultural changes that characterized the late Franco regime. This wide-ranging collection reassesses the dictatorship's latter years by drawing on a wealth of new material and ideas, using an interdisciplinary approach.
Nowhere does the ceaseless struggle to maintain democracy in the face of political corruption come more alive than in Paul Preston's magisterial history of modern Spain.
The so-called ‘Spanish miracle’, beginning in the mid-1990s, eventually became a nightmare for the majority of the population, culminating in the present-day economic and political crisis. This book explores the main features of the Spanish political-economic model during both the growth and crisis periods. Analyzing the causes and consequences of the continuing economic crisis in Spain, this book delves into five analytical axes: the evolution of the growth model; the role of Spain in the international division of labor; the financial sector and its influence on the rest of the economy; changes in the labor market; and the distributional consequences of both the expansive phase and the later crisis. Furthermore, contributors examine the formation of a triangle of actors (the government sector, building sector, and financial capital) that shaped the Spanish growth model, together with the effects of Spain’s membership in the Economic and Monetary Union. Also considering ecological problems, gender issues, and the immigration question, this book challenges the alleged recovery of living conditions during recent years, as well as the explanation of the crisis as the result of irrational behaviors or the greedy nature of certain actors. The Political Economy of Contemporary Spain provides a coherent explanation of the Spanish economic crisis based on a pluralistic approach, while proposing several measures that could contribute to a transformation of Spain’s economic and social models.