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Falangist propaganda from the Spanish Civil War, reading "By force of arms/Fatherland, Bread and Justice".. The economy of Spain between 1939 and 1959, usually called the Autarchy (Spanish: Autarquía), the First Francoism (Spanish: Primer Franquismo) or simply the post-war (Spanish: Posguerra) was a period of the economic history of Spain marked by international isolation and the attempted ...
Francoist Spain (Spanish: España franquista), also known as the Francoist dictatorship (dictadura franquista), was the period of Spanish history between 1936 and 1975, when Francisco Franco ruled Spain after the Spanish Civil War with the title Caudillo. Two days after his death in 1975 due to heart failure, Spain transitioned into a democracy.
Despite lacking cash, oil and other supplies, Francoist Spain was able to supply some essential materials to Germany. There was a series of secret war-time trade agreements between the two countries. The principal resource was wolfram (or tungsten) ore from German-owned mines in Galicia, northwestern Spain. Tungsten was essential to Germany for ...
The monetary reserves of the Bank of Spain increased, inflation dropped from 12.6% in 1958 to 2.4% in 1960, Spain attracted foreign investment, and the relaxation of tariffs led to the import of new technologies. Following the recession of the Stabilization Plan, there was an economic boom in Spain in the 1960s and early 1970s. [3] [4]
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 first Francoism (1939–1959) was the first stage in the history of General Francisco Franco's dictatorship, between the end of the Spanish Civil War and the abandonment of the autarkic economic policy with the application of the Stabilization Plan of 1959, which gave way to the developmentalist Francoism or second Francoism, which lasted until the death of the Generalissimo.
This period in Spanish history, from the Nationalist victory to Franco's death, is commonly known as Francoist Spain or as the Francoist dictatorship. Born in Ferrol , Galicia, into an upper-class military family, Franco served in the Spanish Army as a cadet in the Toledo Infantry Academy from 1907 to 1910.
A public-law entity created in 1940, the vertically-structured OSE was a core part of the project for frameworking the Economy and the State in Francoist Spain, following the trend of the new type of "harmonicist" and corporatist understanding of labour relations vouching for worker–employer collaboration developed in totalitarian regimes ...