Growth and Crisis in the Spanish Economy: 1940-1993

Growth and Crisis in the Spanish Economy: 1940-93appraises the turbulent development of the Spanish economy over the last fifty years and places current economic problems in their historical context. Sima Lieberman examines the economic, political and social problems inherited from the Franco era and their evolution into the present. Growth and Crisis in the Spanish Economy: 1940-93details economic development under Franco, including the boom years of the 1960s, followed by the decline of the early 1970s. It analyzes the decade of economic crisis which ended in 1985, evaluates the economic suceses acheived by the Gonzalez government of the early 1990s and examines the causes an effects of the economic crisis in the early 1990s. It also analyzes why, despite serious attempts to revitalize the industrial sector, Spain still has one of the highest levels of unemployment in the OECD. It is a valuable guide for those interested in the dramatic, contemporaryhistory and future of the Spanish economy.

Sima Lieberman is Professor of Economics at the University of Utah, USA.