Crisis económicas y cambio institucional en España: de la gran depresión a la crisis de 2008
Angeles Sánchez () and
Fernando García Quero
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Fernando García Quero: Universidad de Granada. Department of Applied Economics
Authors registered in the RePEc Author Service: Fernando García-Quero ()
No 02/11, FEG Working Paper Series from Faculty of Economics and Business (University of Granada)
Abstract:
This paper discusses the economic crises in Spain, from the Great Depression to current recession. Institutional economics offers the theoretical framework for identifying and analyzing the institutions and the rules of the game that have triggered or aggravated the economic crises. This work identifies the institutional changes, caused by economic depressions, which have determined the path dependence of Spanish economy during the last century. In addition, this article analyzes in historical perspective three factors relevant for the institutional environment of the Spanish economy: the Stabilization Plan of 1959, the democratic Spanish transition and Spain joined the European Economic Community. They all have direct effects on policy-making of the country.
Keywords: : crises; Spain; institutional change (search for similar items in EconPapers)
JEL-codes: B52 F43 N44 P21 (search for similar items in EconPapers)
Pages: 55 pages
Date: 2011-08-08
New Economics Papers: this item is included in nep-his and nep-hme
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http://www.ugr.es/~teoriahe/RePEc/gra/fegper/FEGWP211.pdf (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:gra:fegper:02/11
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