Spanish Economic miracle - SpeedyLook encyclopedia

This article represents an eminently positive perception of the contemporary Spain after its democratic transition, since 1986 and its entry in the European Economic community.

How to describe differently to become it of Spain, which integrates the EEC in 1986 and profits from its structural bases to set up a virtuous phase of real growth associated with a tourist dynamism which makes of it the sunny holiday of the Northern Europe.

If this boom is very largely due to the European financial contribution, this period at present is indeed finished per hour of the Europe of the 25 and the Spanish Real estate bubble of which each observer economic or media waits occurred of the top.

Socio-economic opposition to progress

Phalangists with the orders

The situation left by the Franquisme left during forty years Spain under the cut of a Immobilisme as well on the social plan as economic. For example the couples, married according to the rite of the Religion of State, could not divorce. The companies of Spain under Franco could not go bankrupt.

Outside, the economic characteristics of Spain at the end of the mode compared it to a country of the Tiers-Monde: poverty, illiteracy and important emigration of the active population in other European countries, which brought currencies to the country.

This situation comes from the management style founded by the winners of the civil war, the Spanish Phalange: Spain evolved/moved in isolation, in Autarcie.

The passage of relay of the tecnócratas

The last ministers of Free, between 1959 and 1973, applied the measurements required by the Fonds international currency and profited from the assistance of this organization, leaving Spain its insulation. They were indicated under the name of Technocrate S and acted with connections openly known with the Opus Dei.

In the field of the automobile equipment, Spain rests on FIAT to develop Seat, and the company of trucks takes government orders enabling him to introduce one.

They decided to pass to the course tourism, by proposing with the sale coastal districts of holiday which sometimes reached the complete size of an agglomeration.

The infrastructures allowing the tourist reception were installation: the buildings of the airport of Grenade go back to this time.

This orientation formed the auspices of the rise of Spain after the death of Free, mobilized by a real revival financed by foreign currencies, then by structural bases emanating of the European Union as from 1986.

Balearic Islands and the Canaries: harbors of second home

An economy in rise

Evolutions

Remained a long time an agricultural country, Spain knew important socio-economic changes in the last quarter of the 20th century. It has today an economy diversified, thanks in particular to the rapid growth of industry since the Fifties and to the rise of tourism. Between 1995 and 2001, the industrial employment increased by 37.5%. As from 1964, a series of development plans contributed to the economic expansion of the country. The development of industries metallurgical and textile, naval construction and the mining extraction was privileged. Spain became in less than twenty years an industrial and agricultural great power. However, it is tourism which the country draws today the most incomes.

Synthesis

All that makes it possible Spain to be today the eighth world power. Spain experienced a fast and important economic development since the end of the Années 1980 and in particular since its integration with the European Union. The country maintains nevertheless contrasts important between the most industrialized and dynamic areas and those which are late, and this whereas the Union revises with the fall the distribution of its structural bases taking into account the extension to 25.

Current reconversion

The collective price of female role of the Cannes festival decreed to the team of actresses of Pedro Almodóvar for the film Volver symbolizes the success of very whole Spain, and in particular that of the social and female revolution of the Spanish Civil society, which turns the back on forty years of opposition to progress of the body social related to gravity of the obscurantism that the expression of the Spanish catholic in the organic democracy of Free represented.

Today raised economically and free from Public deficit, Spain does not fall asleep on its bay-trees and invests in the Recherche and the Higher education in order to pass from the preceding virtuous model (related on the real estate and tourism) towards an activity with a future corresponding to the competitiveness of the New technologies in a context of Mondialisation. The bonds which the large metropolises maintain the peninsula with the remainder of the Spanish-speaking world provide important outlets from the cultural proximity, as well as a dynamic immigration coming to counter the ageing of the insular population: these urban centres, primarily Madrid and Barcelona, are Cosmopolite S and Polyglotte S.

See too

References

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