Development Policy Decision-Making in Democratic Spain

Josep M. Colomer and Javier Ruiz-Castillo
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Josep M. Colomer: CSIC

Chapter 6 in Democracy and Development, 1995, pp 167-192 from Palgrave Macmillan

Abstract: 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 (search for similar items in EconPapers)
Date: 1995
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DOI: 10.1007/978-1-349-24076-0_6

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