Revista Galega de Economía (Jan 2012)

O COLAPSO DO CAPITALISMO ESPAÑOL: LECCIÓNS E PREGUNTAS PARA DESPOIS DUNHA CRISE

  • XOSÉ LUIS OUTES RUSO

Journal volume & issue
Vol. 21
pp. 91 – 118

Abstract

Read online

This contribution presents the development of the Spanish economy during the eco-nomic period from 1996 to 2008 towards a production structure based on low productivity sec-tors not exposed to external competitiveness. The breaking out of the international financial cri-sis has demonstrated the deep weaknesses and the lack of balance of the Spanish capitalism, which will provoke that this crisis will last longer and will have greater consequences in Spain than in most of the other economies of the Euro area.