MILITARY WAGES AND COUPS D’ÉTAT IN SPAIN (1850–1915): THE USE OF PUBLIC SPENDING AS A COUP-PROOFING STRATEGY

@article{Sabat2020MILITARYWA,
  title={MILITARY WAGES AND COUPS D’{\'E}TAT IN SPAIN (1850–1915): THE USE OF PUBLIC SPENDING AS A COUP-PROOFING STRATEGY},
  author={Oriol Sabat{\'e} and Sergio Espuelas and Alfonso Herranz-Lonc{\'a}n},
  journal={Revista De Historia Economica},
  year={2020},
  pages={1-37}
}
In 1833-1874, Spain suffered 0.7 coups per year. By contrast, the Restoration (1874-1923) saw the eradication of successful coups. This can be partially attributed to the turno pacifico, which allowed the main political parties to alternate in office without dragging the military into politics. We suggest, however, that the reduction in coup risk was also associated with a conscious budget policy. This, though, did not rely on increases in total military expenditure (which actually stagnated… 

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