Lessons from the Economic Crisis in Spain

Between 1996 and 2007 the Spanish economy was one of the fastest growing and most successful economies in Europe. This success, however, came to a halt in 2008 and Spain is now suffering a very painful economic recession. While the global economic crisis has been a significant contributing factor in this downturn, this book will show that domestic imbalances largely help account for the current economic problems. The book examines the reasons for the crisis, analyzes the government's responses, and draws some lessons from the Spanish experience. The book offers an up-to-date assessment of political and economic issues in Spain.

Sebastián Royo is Associate Dean of the College of Arts and Sciences and an Associate Professor of Government at Suffolk University.

Introduction: Reckless Finance, Global Crisis * A Miraculous Decade: 1997-2007 * Unsustainable Imbalances * Unfolding and Consequences of the Crisis * The Impact of the Economic Crisis on Spanish Politics * The Global Crisis and the Spanish Financial System * The Government’s Responses * The Challenge of Economic Reforms * Conclusion: Global Lessons from Spain

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Lessons from the Economic Crisis in Spain

Summary

Author Biography

Table of Contents

Supplemental Materials