1936. Frustrated Hopes: The Great Depression, the Second Republic and the Civil War

Concha Betrán ()
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Concha Betrán: University of Valencia

Chapter 4 in Historical Turning Points in Spanish Economic Growth and Development, 1808–2008, 2020, pp 89-122 from Palgrave Macmillan

Abstract: Abstract The Great Depression was accompanied by the collapse of the monarchical regime and the establishment of a modern democracy with the Second Republic in April 1931. The new regime had to balance the importance of gaining domestic and international respectability (using orthodox fiscal and monetary policy) with efforts to shift towards a moderate protectionist policy, and enact land, labour and educational reforms. There were fierce confrontations from 1934 on, eventually culminating in a civil war in 1936. The consequences included a long-lasting impact on economic growth; autarky and interventionist policies; a huge loss of human capital; poverty and rising inequality; and a 40-year-long dictatorship. Hopes of reform were left unfulfilled, with a severe backlash against the earlier social and economic restructuring.

Keywords: Great Depression; Second Republic; Civil war; Autarky; Spain (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palscp:978-3-030-40910-4_4

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DOI: 10.1007/978-3-030-40910-4_4

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