Lessons from the Economic Crisis in Spain

Lessons from the Economic Crisis in Spain PDF Author: S. Royo
Publisher: Palgrave Macmillan
ISBN: 9780230114470
Category : Political Science
Languages : en
Pages : 0

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Book Description
The book examines the reasons for the crisis, analyzes the government's responses, and draws some lessons from the Spanish experience. The book offers an up-to-date assessment of political and economic issues in Spain.

Lessons from the Economic Crisis in Spain

Lessons from the Economic Crisis in Spain PDF Author: S. Royo
Publisher: Palgrave Macmillan
ISBN: 9780230114470
Category : Political Science
Languages : en
Pages : 0

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Book Description
The book examines the reasons for the crisis, analyzes the government's responses, and draws some lessons from the Spanish experience. The book offers an up-to-date assessment of political and economic issues in Spain.

The Spanish Economic Crisis

The Spanish Economic Crisis PDF Author: Eloísa Ortega Regato
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The economic crisis affecting the industrialised countries in recent years has been singular given its intensity, complexity and the difficulties in overcoming it. The aim of this paper is to analyse the determinants behind the crisis that have made it deeper and longer in Spain than in previous instances, and which have meant that there are significant obstacles to emerging from recession. Spanish EMU membership is a crucial aspect for consideration, as it contributes both to explaining the build-up of imbalances in the expansion and to conditioning the nature of the adjustment in the crisis, given that the range of economic policy instruments is significantly narrower in EMU. The macroeconomic and financial imbalances accumulated in the high-growth phase (the real estate boom, excess debt and the loss in competitiveness), which are all closely interlinked, were factors of vulnerability. But even apparently sounder fundamentals on other fronts, such as the budgetary and labour market situation, saw their weaknesses exposed in the crisis. The experience over the past four years allows some lessons to be drawn on the external sector, the real estate market, fiscal policy and the labour market. These lessons point in particular to the need to avoid complacency in economic policy management in boom periods and to the urgency of adapting the structure of goods and factor markets and the behaviour of economic agents in Spain to the requirements imposed by membership of a monetary union. [Resumen de autor]

The Spanish economic experience

The Spanish economic experience PDF Author: Paul Isbell
Publisher:
ISBN:
Category : Spain
Languages : en
Pages : 48

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Book Description


Unexpected Prosperity

Unexpected Prosperity PDF Author: Oscar Calvo-Gonzalez
Publisher: Oxford University Press
ISBN: 0198853971
Category : Business & Economics
Languages : en
Pages : 309

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Book Description
Unexpected Propserity explains how Spain managed to avoid the middle income trap. With an original interpretation of the economic rise of Spain, Calvo-Gonzalez addresses questions about the political economy of reform, the role of industrial and public policy, and the enduring legacy of political violence and conflict.

Why Banks Fail

Why Banks Fail PDF Author: Sebastián Royo
Publisher: Springer Nature
ISBN: 1137532289
Category : Science
Languages : en
Pages : 362

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Book Description
This book examines the political roots of banking crises in Spain. It focuses on the process of political bargains in which parties with different interests come together to form coalitions, and it shows how these coalitions have determined banking outcomes and caused banking crises in Spain. In particular, it analyzes the 2008 Spanish banking crisis and shows how Spanish banks and related savings institutions contributed significantly to the challenges that led to the crisis, including the fueling of a large property bubble – by channeling tremendous credits to the construction and real estate sectors, while starving the country’s productive sectors. Accordingly, the book links banking crises to the country’s larger institutional malaise, placing the solution not only in the hands of the banks, but also the political institutions that influence them.

Literature of Crisis

Literature of Crisis PDF Author: Olga Bezhanova
Publisher: Bucknell University Press
ISBN: 1611488370
Category : Literary Criticism
Languages : en
Pages : 219

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Book Description
The book explores novels, essays and poetry published by Spanish writers in response to the global economic crisis that began in 2008. Spain has been experiencing the crisis in a particularly painful way, and the artistic response to these traumatic events has been powerful and abundant. The literature of the crisis is pointing to the probability that the crisis is not a temporary problem that will be resolved once and for all if correct economic measures are taken. To the contrary, there is every reason to believe that the losses in long-term employment, the growing precariousness of work, the increased economic insecurity, the citizens' disillusionment with the capacity of democratic governments to withstand the pressures of global capital, the erosion of the welfare state, and the explosive growth in inequality that we associate with the crisis are not likely to be reversed. Spanish artists are exploring the reasons behind Spain's particularly painful experience of the crisis and, at the same time, are placing the suffering that the crisis is causing in Spain within the context of global developments that are ensuring its durability. Essays by Antonio Muñoz Molina and Lucía Etxebarria, novels by Rafael Chirbes, Luis García Montero, Benjamín Prado, and Belén Gopegui, and poetry by the artists who contributed to the collections titled En legítima defensa. Poetas en tiempos de crisis and Marca(da) España. Retrato poético de una sociedad en crisis point to the necessity of expanding our vision of the crisis from the purely financial to a broader definition that will include the changes the crisis augurs for the areas of human existence that lie outside the strictly economic realm.

Lessons Learned from Previous Banking Crises

Lessons Learned from Previous Banking Crises PDF Author: Stefan Ingves
Publisher:
ISBN: 9781567081473
Category : Bank failures
Languages : en
Pages : 59

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Book Description
"Respected authorities from Sweden, Japan, Spain, and Mexico describe past banking crises in their countries and how they were able to address the problems. This paper serves as a useful reference point when considering current policy proposals to countering the global financial crisis."--Publ.

Sovereign Debt Crises

Sovereign Debt Crises PDF Author: Juan Pablo Bohoslavsky
Publisher: Cambridge University Press
ISBN: 1316510441
Category : Business & Economics
Languages : en
Pages : 309

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Book Description
Contributes to a better understanding of the policy, economic, and legal options of countries struggling with debt problems.

Lessons and Policy Implications from the Global Financial Crisis

Lessons and Policy Implications from the Global Financial Crisis PDF Author: Mr.Luc Laeven
Publisher: International Monetary Fund
ISBN: 1451963025
Category : Business & Economics
Languages : en
Pages : 42

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Book Description
The ongoing global financial crisis is rooted in a combination of factors common to previous financial crises and some new factors. The crisis has brought to light a number of deficiencies in financial regulation and architecture, particularly in the treatment of systemically important financial institutions, the assessments of systemic risks and vulnerabilities, and the resolution of financial institutions. The global nature of the financial crisis has made clear that financially integrated markets, while offering many benefits, can also pose significant risks, with large real economic consequences. Deep reforms are therefore needed to the international financial architecture to safeguard the stability of an increasingly financially integrated world.

Maintaining Financial Stability in Times of Risk and Uncertainty

Maintaining Financial Stability in Times of Risk and Uncertainty PDF Author: Behl, Abhishek
Publisher: IGI Global
ISBN: 1522572090
Category : Business & Economics
Languages : en
Pages : 377

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Book Description
Risks and uncertainties?market, financial, operational, social, humanitarian, environmental, and institutional?are the inherent realities of the modern world. Stock market crashes, demonetization of currency, and climate change constitute just a few examples that can adversely impact financial institutions across the globe. To mitigate these risks and avoid a financial crisis, a better understanding of how the economy responds to uncertainties is needed. Maintaining Financial Stability in Times of Risk and Uncertainty is an essential reference source that discusses how risks and uncertainties affect the financial stability and security of individuals and institutions, as well as probable solutions to mitigate risk and achieve financial resilience under uncertainty. Featuring research on topics such as financial fraud, insurance ombudsman, and Knightian uncertainty, this book is developed for researchers, academicians, policymakers, students, and scholars.