Search results
Results from the WOW.Com Content Network
In the words of the OECD's 1987-88 survey of the Spanish economy, "following a protracted period of sluggish growth with slow progress in winding down inflation during the late 1970s and the first half of the 1980s, the Spanish economy has entered a phase of vigorous expansion of output and employment accompanied by a marked slowdown of inflation."
Felipe González signs the accession treaty on June 12, 1985, at the Royal Palace of Madrid, observed by Manuel Marín and Fernando Morán.. The Accession Treaty of Spain to the European Communities is a treaty for the accession of Spain to the European Economic Community —now the European Union— and was signed on June 12, 1985, in the Salón de Columnas of the Royal Palace of Madrid to ...
José María Aznar became prime minister of Spain thanks to the support from CiU, PNV, and CC. During his first term, his main objective was an economic policy to allow convergence with the euro, and several public enterprises were privatized. In the 2000 Spanish general election on 12 March 2000, the PP obtained a majority of seats: PP: 183 seats
The 1973–1975 recession or 1970s recession was a period of economic stagnation in much of the Western world (i.e. the United States, Canada, Western Europe, Australia, and New Zealand) during the 1970s, putting an end to the overall post–World War II economic expansion.
The 142 m Torre de Madrid, built in 1957, heralded the "Spanish Miracle".. The Spanish miracle (Spanish: el milagro español) refers to a period of exceptionally rapid development and growth across all major areas of economic activity in Spain during the latter part of the Francoist regime, 1959 to 1974, [1] in which GDP averaged a 6.5 percent growth rate per year, [2] and was itself part of a ...
The economy of Spain is a highly developed social market economy. [32] It is the world's 14th largest by nominal GDP and the sixth-largest in Europe. Spain is a member of the European Union and the eurozone, as well as the Organization for Economic Co-operation and Development and the World Trade Organization.
The Spanish transition to democracy, known in Spain as la Transición (IPA: [la tɾansiˈθjon]; ' the Transition ') or la Transición española (' the Spanish Transition '), is a period of modern Spanish history encompassing the regime change that moved from the Francoist dictatorship to the consolidation of a parliamentary system, in the form of constitutional monarchy under Juan Carlos I.
The early 1980s recession was a severe economic recession that affected much of the world between approximately the start of 1980 and 1982. [2] [1] [3] Long-term effects of the early 1980s recession contributed to the Latin American debt crisis, long-lasting slowdowns in the Caribbean and Sub-Saharan African countries, [3] the US savings and loan crisis, and a general adoption of neoliberal ...