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Social Democracy in Neoliberal TimesThe Left and Economic Policy since 1980$
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The Late Andrew Glyn

Print publication date: 2001

Print ISBN-13: 9780199241378

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780199241378.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 23 October 2021

The Spanish Socialists in Power: Thirteen Years of Economic Policy

The Spanish Socialists in Power: Thirteen Years of Economic Policy

Chapter:
(p.173) 7 The Spanish Socialists in Power: Thirteen Years of Economic Policy
Source:
Social Democracy in Neoliberal Times
Author(s):

Albert Recio

Jordi Roca

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199241378.003.0007

During the period when the Partido Socialista Obrero Español (PSOE), the Spanish Socialist Party, was established, the Spanish economy encountered several challenges, particularly in the realms of employment, investment, price stability, budget deficits, and allocation of resources. However, even without the emergence of such a movement, the government of Spain was still faced with internal conflicts and transmitted concerns (mainly acquired from the Franco regime), which impeded recovery and sustainable development. Some of these quandaries include too many protective trade policies (both domestic and international), widespread corruption, ineffective governance, destructive authoritarian leadership, inadequate transparency in capital flow reports, lack of openness to technological advancement, uncompetitive compensation scheme for employees, and consequences that are generally brought by these predicaments.

Keywords:   Partido Socialista Obrero Español, Spanish economy, government, economic policy, socialists

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