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Aspectos financieros de una década de crisis: la internacionalización

Author

Listed:
  • Luis Mª Abadie Muñoz

    (Dpto. de Planificación y Estudios BBK)

  • Iñaki Caminos Otermin

    (Dpto. de Planificación y Estudios BBK)

Abstract

The insufficiency of internal savings in the Spanish economy and the deficit of the balance of payments have been financed by means of a massive internationalization process with a massive influx of foreign capital, which is revealed by a sharp increase in foreign presence in corporate capital and the transfer abroad of decision-making centres, all of which takes place within a context of greater freedom in the movement of capitais. The increased financial fragility of the economy and foreign dependency make it necessary to boost internar savings as a stable source of finance for the economy.

Suggested Citation

  • Luis Mª Abadie Muñoz & Iñaki Caminos Otermin, 1994. "Aspectos financieros de una década de crisis: la internacionalización," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, vol. 28(01), pages 12-29.
    • Handle: RePEc:ekz:ekonoz:1994101
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    More about this item

    Keywords

    Internacionalización; ahorro interno; balanza de capitales;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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