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¡Bienvenido, Míster Marshall! La ayuda económica americana y la economía española en la década de 1950

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  • González, Óscar Calvo

Abstract

What was the impact of American aid to Spain during the 1950s? This article revisits this question, addressing it from a rather different perspective to the focus on the relief of supply bottlenecks that dominates the existing Spanish economic historiography. It suggests that there is a prima facie case for the aid programme to have had a positive effect on private agents' expectations. The American backing, as part of the process of international acceptance of the Franco regime, may have provided a «commitment technology» that solved problems of credibility, which would have otherwise hindered investment and hence the resumption of economic growth. The paper concludes with an agenda for further research.

Suggested Citation

  • González, Óscar Calvo, 2001. "¡Bienvenido, Míster Marshall! La ayuda económica americana y la economía española en la década de 1950," Revista de Historia Económica / Journal of Iberian and Latin American Economic History, Cambridge University Press, vol. 19(S1), pages 253-275, March.
  • Handle: RePEc:cup:reveco:v:19:y:2001:i:s1:p:253-275_00
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