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."
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
Although the economy was expanding from 1975 to the first recession of the early 1980s, which began in January 1980, inflation remained extremely high until the early 1980s. The U.S. Bureau of Labor Statistics estimates that 2.3 million jobs were lost during the recession; at the time, this was a post-war record. [4]
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 ...
Main page; Contents; Current events; Random article; About Wikipedia; Contact us
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 ...
When new gross domestic product figures last month showed US economic growth slowed ... in the 1970s after a spike in oil prices during the Arab oil embargo. ... to that seen in the 1970s and 1980s.
The mid-1970s brought the death of Franco in Spain, and the Carnation Revolution in Portugal, which rapidly pushed both countries towards democracy. Membership talks began with both countries a few years later. Spain and Portugal acceded to the Communities on 1 January 1986. [3]