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The Impact of EU Membership on the Economic Governance of Spain

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  • Francesc Granell (Professor of International Economic Organisation)

    (Universitat de Barcelona)

Abstract

Spain was not admitted to the then European Economic Community during the Francos regime for political reasons. Joining the EU on January 1986 was the last and final step forward towards the definitive consolidation of democracy in Spain and the consolidation of the opening of the Spanish Economy. The results over the first twenty five years of membership have translated into an unprecedented boost of modernization and progress. Spain adopted the Acquis Communautaire and received considerable benefits from EU membership, eliminating barriers, following the common policies , re ceiving European funds and adopting the European common currency . From an index of 60 per cent of the European income average in 1986, todays income even after the crisis that started in 2008- is in the range of 105 per cent. The last three years have been different and difficult due to the severe economic and financial crisis. In this context, this paper analyses how the successive Spanish governments organized the economic governance to adapt to the quantitative and qualitative changes registered in the European Integration.

Suggested Citation

  • Francesc Granell (Professor of International Economic Organisation), 2012. "The Impact of EU Membership on the Economic Governance of Spain," Working Papers in Economics 274, Universitat de Barcelona. Espai de Recerca en Economia.
    • Handle: RePEc:bar:bedcje:2012274
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    References listed on IDEAS

    as
    1. Francisco Granell, 1995. "The European Union's Enlargement Negotiations with Austria, Finland, Norway and Sweden," Journal of Common Market Studies, Wiley Blackwell, vol. 33(1), pages 117-141, March.
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    More about this item

    JEL classification:

    • K33 - Law and Economics - - Other Substantive Areas of Law - - - International Law
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • N94 - Economic History - - Regional and Urban History - - - Europe: 1913-
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • L74 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Construction
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • F15 - International Economics - - Trade - - - Economic Integration

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