RT info:eu-repo/semantics/article
T1 A perfect storm in a sunny economy: a political economy approach to the crisis in Spain
A1 Buendía García, Luis
A2 Economia Aplicada
K1 Economía
K1 Política
K1 Política económica
K1 España
K1 2008
K1 Crisis económicas
AB Although Spain’s economy was seen as a miracle during the most recent expansivephase (for its labour market outcomes in terms of job growth, among other things), theeconomy’s development during those years suffered from severe problems thatdeserve attention. This became more relevant in a context like the current one, wherethere is no consensus around which economic policies might lead the country backonto a stable growth path. Using a systemic approach in which we analyse the growthmodel, the role of Spain in the European division of labour, the financial sector, thelabour market, the public sector, and the distribution of income, we contend that, incontrast with several narratives concerning the crisis in Spain: i) the 'living-beyondour-means' discourse is not true; and ii) certain political economic aspects, usuallymissing in those narratives, are essential to understanding the recent evolution ofSpain.
PB Oxford University Press
SN 14751461
LK http://hdl.handle.net/10612/12255
UL http://hdl.handle.net/10612/12255
NO pp. 1-41
DS BULERIA. Repositorio Institucional de la Universidad de León
RD 21-may-2024