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Development Policy Decision-Making in Democratic Spain

  • Josep M. Colomer
  • Javier Ruiz-Castillo
Part of the International Economic Association Series book series (IEA)

Abstract

The Spanish experience does not seem to show a unilinear relationship between democracy and economic development. Under the dictatorship of General Franco, Spain experienced a deep recession in the 1940s, as well as the fastest economic growth in contemporary Spanish history in the 1960s. Democracy has also been compatible with both a bitter recession, from the mid-1970s to the mid-1980s, and visible expansion in the second half of the 1980s, as shown in Table 6.1.

Keywords

Monetarist Policy Union Membership Wage Increase Macroeconomic Policy Institutional Constraint 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© International Economic Association 1995

Authors and Affiliations

  • Josep M. Colomer
    • 1
  • Javier Ruiz-Castillo
    • 2
  1. 1.CSICBarcelonaSpain
  2. 2.Universidad Carlos IIIMadridSpain

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