Growth and Macroeconomic Performance in Spain, 1939-93
AbstractAfter presenting trends in aggregate performance within a comparative convergence framework, this paper explores institutional and macroeconomic features as the ultimate explanations of Spain's post-war growth performance. The following main phases are distinguished: the autarchy period (1939-59), the years of growth and delayed reconstruction (1959-75), the relative stagnation of the transition from Franco's dictatorship to democracy (1975-85), which ended with Spain's membership of the European Community and gave way to a short period of accelerating growth which ended abruptly with the recession of the early 1990s.
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Bibliographic InfoPaper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 1104.
Date of creation: Jan 1995
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Find related papers by JEL classification:
- N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-
- O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
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