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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
A Political Economy of Spain

A Political Economy of Spain

Simon, György

Paperback

General Political Science

ISBN10: 6207653343
ISBN13: 9786207653348
Publisher: LAP Lambert Academic Publishing
Published: Jun 18 2024
Pages: 164
Weight: 0.55
Height: 0.38 Width: 6.00 Depth: 9.00
Language: English
In the present study, the Hungarian economist György Simon, Jr. considers the key processes of Spain's capitalist development in the 20th to early 21st centuries. His economic analysis much relies on the historical national accounts of Spain compiled by Leandro Prados de la Escosura. The author devotes a particular attention to the so-called Spanish economic miracle and the causes of subsequent decline, the participation of Spain in the EU and the euro zone, and to the analysis of its latest sovereign debt crisis. Theoretical considerations are represented by a description of economic growth mechanism. The econometric investigation covers 70 years between 1950 and 2020, with singling out manufacturing as the moving sector of the Spanish economy. Investigating Spain's GDP growth from the side of demand, the author has emphasised the role of foreign direct investment. For the analysis of factors of supply, an endogenous growth model was used with a built-in mechanism of technical progress, considering both physical and human capital as well as time in the role of event space of creative economic activity.

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