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After Austerity. Lessons from the Spanish Experience

Royo, Sebastian (2015) After Austerity. Lessons from the Spanish Experience. [Conference Proceedings] (Submitted)

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    Introduction: Following the transition to democracy and the country's European integration, Spain was, prior to the 2008 crisis, a model country. But then the dream was shattered and the country's economy imploded after 2008. How did this happen? Policy choices and the structure of decision making; the role of organized interest; the structure of the state; and institutional degeneration all played an important role in explaining the severity of the economic crisis in Spain; as did the country's membership under an incomplete monetary union. The country is currently (as of 2014) exiting a triple crisis: financial, fiscal and competitiveness. This paper seeks to provide an overview of the country's evolution since the transition to democracy, and to explain its economic collapse after 2008.

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    Item Type: Conference Proceedings
    Subjects for non-EU documents: Countries > Spain
    EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis 2008-on/reforms/economic governance
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Conference: European Union Studies Association (EUSA) > Biennial Conference > 2015 (14th), March 4-7, 2015
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 23 May 2018 12:18
    Number of Pages: 38
    Last Modified: 23 May 2018 12:18

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