A Millennial View of Spain’s Development
This open access book presents the evolution of the Spanish economy over the past seven centuries since the end of the Reconquest and examines how much economic progress has Spain achieved, as well as its impact on living standards and income distribution over the very long run. It shows that preind...
محفوظ في:
| المؤلف الرئيسي: | |
|---|---|
| التنسيق: | Online |
| اللغة: | الإنجليزية |
| منشور في: |
Springer Nature
2024
|
| الموضوعات: | |
| الوصول للمادة أونلاين: | ONIX_20240813_9783031607929_20 |
| الوسوم: |
لا توجد وسوم, كن أول من يضع وسما على هذه التسجيلة!
|
| _version_ | 1869517542160072704 |
|---|---|
| author | Prados de la Escosura, Leandro |
| author_browse | Prados de la Escosura, Leandro |
| author_facet | Prados de la Escosura, Leandro |
| author_sort | Prados de la Escosura, Leandro |
| collection | Directory of Open Access Books |
| description | This open access book presents the evolution of the Spanish economy over the past seven centuries since the end of the Reconquest and examines how much economic progress has Spain achieved, as well as its impact on living standards and income distribution over the very long run. It shows that preindustrial Spain was far from stagnant, although levels of output per head in the early nineteenth century were not much different from those on the eve of the Black Death (1348). It further discusses how phases of simultaneous per capita output and population expansion and shrinkage alternated, lending support to the recurring growth and frontier economy hypotheses. While a collapse in the 1570s gave way to sluggish growth and higher inequality after a long phase of sustained growth and lower inequality, the book shows how real per capita income has improved substantially over the last two centuries, driven by increased labor productivity, and derived from more intense andefficient use of physical and human capital per worker. Presenting exposure to international competition as a stimulus for this development, the book sheds light on the underperformance of Spain up to 1950 in a European comparison and describes the catch-up of Spain’s economy with more advanced countries until 2007. Finally, the book explains how modern economic growth is associated with an increase in the material well-being of its inhabitants, as the most dynamic economic phases of the last century have been associated with an improvement in income distribution, although the relationship between growth and inequality has not been linear. This book is a must-read for students, researchers, and scholars of economics and economic history interested in a better understanding of cliometrics, long-run analyses, economic development, economic growth, as well as the Spanish economy. |
| format | Online |
| id | doab-20.500.12854ir-143291 |
| institution | Directory of Open Access Books |
| language | eng |
| publishDate | 2024 |
| publishDateRange | 2024 |
| publishDateSort | 2024 |
| publisher | Springer Nature |
| publisherStr | Springer Nature |
| record_format | ojs |
| spelling | doab-20.500.12854ir-1432912025-07-21T15:45:30Z A Millennial View of Spain’s Development Prados de la Escosura, Leandro Economic development Modern economic growth Spain Preindustrial Productivity Capital Welfare Inequality Well-being Globalisation Human capital Global economy Industrialization Structural change Foreign capital Investment Economic reforms Poverty Human development thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCG Economic growth thema EDItEUR::K Economics, Finance, Business and Management::KC Economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCG Economic growth thema EDItEUR::K Economics, Finance, Business and Management::KC Economics This open access book presents the evolution of the Spanish economy over the past seven centuries since the end of the Reconquest and examines how much economic progress has Spain achieved, as well as its impact on living standards and income distribution over the very long run. It shows that preindustrial Spain was far from stagnant, although levels of output per head in the early nineteenth century were not much different from those on the eve of the Black Death (1348). It further discusses how phases of simultaneous per capita output and population expansion and shrinkage alternated, lending support to the recurring growth and frontier economy hypotheses. While a collapse in the 1570s gave way to sluggish growth and higher inequality after a long phase of sustained growth and lower inequality, the book shows how real per capita income has improved substantially over the last two centuries, driven by increased labor productivity, and derived from more intense andefficient use of physical and human capital per worker. Presenting exposure to international competition as a stimulus for this development, the book sheds light on the underperformance of Spain up to 1950 in a European comparison and describes the catch-up of Spain’s economy with more advanced countries until 2007. Finally, the book explains how modern economic growth is associated with an increase in the material well-being of its inhabitants, as the most dynamic economic phases of the last century have been associated with an improvement in income distribution, although the relationship between growth and inequality has not been linear. This book is a must-read for students, researchers, and scholars of economics and economic history interested in a better understanding of cliometrics, long-run analyses, economic development, economic growth, as well as the Spanish economy. 2024-08-27T04:30:34Z 2024-08-27T04:30:34Z 2024-08-13T07:37:35Z 2024 book ONIX_20240813_9783031607929_20 https://library.oapen.org/handle/20.500.12657/92682 9783031607929 9783031607912 https://directory.doabooks.org/handle/20.500.12854/143291 eng Frontiers in Economic History open access image/png image/jpeg n/a n/a https://library.oapen.org/bitstream/20.500.12657/92682/1/978-3-031-60792-9.pdf https://library.oapen.org/bitstream/20.500.12657/92682/1/978-3-031-60792-9.pdf Springer Nature Springer International Publishing 10.1007/978-3-031-60792-9 10.1007/978-3-031-60792-9 9fa3421d-f917-4153-b9ab-fc337c396b5a Fundación Rafael del Pino 0f7a7e4d-19cb-42d2-ba30-5587e5ddc5f4 9783031607929 9783031607912 Springer International Publishing 375 Cham [...] open access |
| spellingShingle | Economic development Modern economic growth Spain Preindustrial Productivity Capital Welfare Inequality Well-being Globalisation Human capital Global economy Industrialization Structural change Foreign capital Investment Economic reforms Poverty Human development thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCG Economic growth thema EDItEUR::K Economics, Finance, Business and Management::KC Economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCG Economic growth thema EDItEUR::K Economics, Finance, Business and Management::KC Economics Prados de la Escosura, Leandro A Millennial View of Spain’s Development |
| title | A Millennial View of Spain’s Development |
| title_full | A Millennial View of Spain’s Development |
| title_fullStr | A Millennial View of Spain’s Development |
| title_full_unstemmed | A Millennial View of Spain’s Development |
| title_short | A Millennial View of Spain’s Development |
| title_sort | millennial view of spain s development |
| topic | Economic development Modern economic growth Spain Preindustrial Productivity Capital Welfare Inequality Well-being Globalisation Human capital Global economy Industrialization Structural change Foreign capital Investment Economic reforms Poverty Human development thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCG Economic growth thema EDItEUR::K Economics, Finance, Business and Management::KC Economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCG Economic growth thema EDItEUR::K Economics, Finance, Business and Management::KC Economics |
| topic_facet | Economic development Modern economic growth Spain Preindustrial Productivity Capital Welfare Inequality Well-being Globalisation Human capital Global economy Industrialization Structural change Foreign capital Investment Economic reforms Poverty Human development thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCG Economic growth thema EDItEUR::K Economics, Finance, Business and Management::KC Economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCG Economic growth thema EDItEUR::K Economics, Finance, Business and Management::KC Economics |
| url | ONIX_20240813_9783031607929_20 |
| work_keys_str_mv | AT pradosdelaescosuraleandro amillennialviewofspainsdevelopment AT pradosdelaescosuraleandro millennialviewofspainsdevelopment |