The Spanish Economy in the 20th Century

The Spanish Economy in the 20th Century (1985) looks at the trials and tribulations of Spain, one of the most politically isolated and economically backward countries in Europe in the 20th Century. Monarchy, dictatorships, civil war, parliamentary republic – Spain experienced them all and it was not until the much-vaunted ‘Spanish miracle’ of 1961–73 that the country’s economic fortunes began to turn around. Foreign tourists and emigrant remittances, together with foreign capital looking for cheap labour, brought a great deal of rapid economic development that was accelerated by Spain’s entry into the EEC.