Aspectos financieros de una década de crisis: la internacionalización

Luis Mª Abadie Muñoz and Iñaki Caminos Otermin
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Luis Mª Abadie Muñoz: Dpto. de Planificación y Estudios BBK
Iñaki Caminos Otermin: Dpto. de Planificación y Estudios BBK

EKONOMIAZ. Revista vasca de Economía, 1994, vol. 28, issue 01, 12-29

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.

Keywords: Internacionalización; ahorro interno; balanza de capitales (search for similar items in EconPapers)
JEL-codes: E21 F21 O16 (search for similar items in EconPapers)
Date: 1994
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