IDEAS home Printed from https://ideas.repec.org/h/pal/palscp/978-3-030-60504-9_7.html
   My bibliography  Save this book chapter

Import Substitution Industrialization (1951–1959)

In: Between Empire and Globalization

Author

Listed:
  • Albert Carreras

    (Pompeu Fabra University)

  • Xavier Tafunell

    (Pompeu Fabra University)

Abstract

In the 1940s Spain went through a failed autarkic industrialization. As it was politically and economically unsustainable, especially in front of Western Europe’s successful post-war reconstruction, it had to move to a less rigid scheme: import substitution industrialization (ISI). It happened at the same time than in many other countries, notably in Latin America and the Middle East. In Spain it was a flexibilization of autarky. Cold War allowed for a change in the attitude of the main Allied powers regarding Franco’s Spain. The US provided substantial support through military agreements, making ISI possible and sustaining quick growth during a few years. A new “national” capitalism was structured that lasted for long. Nevertheless, the growth model was also unsustainable and it collapsed in 1959. The Stabilization Plan of the same year put an end to it.

Suggested Citation

  • Albert Carreras & Xavier Tafunell, 2021. "Import Substitution Industrialization (1951–1959)," Palgrave Studies in Economic History, in: Between Empire and Globalization, chapter 0, pages 155-169, Palgrave Macmillan.
    • Handle: RePEc:pal:palscp:978-3-030-60504-9_7
    DOI: 10.1007/978-3-030-60504-9_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palscp:978-3-030-60504-9_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.