Lessons from the Economic Crisis in Spain

Hardcover | May 20, 2013

byS. Royo, Sebastian Royo

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Between 1996 and 2007 the Spanish economy was one of the fastest growing and most successful economies in Europe. This success, however, came to a halt in 2008 and Spain is now suffering a very painful economic recession. While the global economic crisis has been a significant contributing factor in this downturn, this book will show that domestic imbalances largely help account for the current economic problems. The book examines the reasons for the crisis, analyzes the government's responses, and draws some lessons from the Spanish experience. The book offers an up-to-date assessment of political and economic issues in Spain.

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Between 1996 and 2007 the Spanish economy was one of the fastest growing and most successful economies in Europe. This success, however, came to a halt in 2008 and Spain is now suffering a very painful economic recession. While the global economic crisis has been a significant contributing factor in this downturn, this book will show t...

Sebastián Royo is Associate Dean of the College of Arts and Sciences and an Associate Professor of Government at Suffolk University.

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Format:HardcoverDimensions:300 pages, 8.5 × 5.51 × 0.03 inPublished:May 20, 2013Publisher:Palgrave Macmillan USLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230114474

ISBN - 13:9780230114470

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Table of Contents

Introduction: Reckless Finance, Global Crisis * A Miraculous Decade: 1997-2007 * Unsustainable Imbalances * Unfolding and Consequences of the Crisis * The Impact of the Economic Crisis on Spanish Politics * The Global Crisis and the Spanish Financial System * The Government’s Responses * The Challenge of Economic Reforms * Conclusion: Global Lessons from Spain

Editorial Reviews

"In this book, Sebastian Royo presents a rigorous and comprehensive analysis of the economic crisis that afflicted Spain following a decade of impressive growth. It is essential reading not only for those with particular interest in Spain, but also for those wishing to understand the difficulties surrounding public policy responses to economic collapse in complex modern societies." - Richard Gunther, Professor, Department of Political Science, Ohio State University, USA"This book is a complete description of the uniqueness of the economic and financial crisis in Spain, in the context of the broader crisis of the Eurozone." - Emilio Ontiveros, Professor, Universidad Autonoma de Madrid, Spain