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Title The political economy of contemporary Spain : from miracle to mirage / edited by Luis Buendía and Ricardo Molero-Simarro
Published Abingdon, Oxon ; New York, NY : Routledge, 2018
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Description 1 online resource
Series Routledge Frontiers of Political Economy ; 238
Routledge frontiers of political economy ; 238
Contents Chapter Introduction -- The political economy of the Spanish growth model and its structural adjustment process / Luis Buendía Ricardo Molero-Simarro -- chapter 1 The accumulation model of the Spanish economy -- Profitability, the real estate bubble, and sectoral imbalances / Juan Pablo Mateo Miguel Montanyà Revuelto -- chapter 2 Spain's external insertion -- Peripheral or not? / Manuel Gracia María José Paz -- chapter 3 The Spanish financial sector -- Debt crisis and bailout / Eduardo Garzón Espinosa Bibiana Medialdea García Antonio Sanabria Martín -- chapter 4 The Spanish labor market -- On the path of flexibility and wage devaluation / María Eugenia Ruiz-Gálvez Lucía Vicent Valverde -- chapter 5 The distributive pattern of the Spanish economy -- The impact of adjustment on inequalities / Luis Buendía Ricardo Molero-Simarro F. Javier Murillo Arroyo -- chapter 6 Conclusions -- Spain's lost decade / Luis Buendía Ricardo Molero-Simarro
Summary "The so-called Spanish miracle, beginning in the mid-1990s, eventually became a nightmare for the majority of the population, culminating in the present-day economic and political crisis. This book explores the main features of the Spanish political-economic model during both the growth and crisis periods.Analyzing the causes and consequences of the continuing economic crisis in Spain, this book delves into five analytical axes: the evolution of the growth model; the role of Spain in the international division of labor; the financial sector and its influence on the rest of the economy; changes in the labor market; and the distributional consequences of both the expansive phase and the later crisis. Furthermore, contributors examine the formation of a triangle of actors (the government sector, building sector, and financial capital) that shaped the Spanish growth model, together with the effects of Spains membershipin the Economic and Monetary Union. Also considering ecological problems, gender issues, and the immigration question, this book challenges the alleged recovery of living conditions during recent years, as well as the explanation of the crisis as the result of irrational behaviors or the greedy nature of certain actors.The Political Economy of Contemporary Spain provides a coherent explanation of the Spanish economic crisis based on a pluralistic approach, while proposing several measures that could contribute to a transformation of Spains economic and social models."--Provided by publisher
Bibliography Includes bibliographical references and index
Notes Online resource; title from digital title page (viewed on February 15, 2018)
Subject Economic history.
BUSINESS & ECONOMICS -- Economics -- General.
International economic relations.
Politics and government.
Spain -- Economic conditions -- 1975-2008.
Spain -- Economic conditions -- 2008-
Spain -- Foreign economic relations
Spain -- Politics and government -- 1982-
Form Electronic book
Author Buendía García, Luis, editor.
Molero-Simarro, Ricardo, 1980- editor.
LC no. 2017054524
ISBN 0203728785