Spain in the EU: Fifteen Years May Not Be Enough

  title={Spain in the EU: Fifteen Years May Not Be Enough},
  author={M. Balmaseda and Miguel Sebasti´n},
  journal={South European Society and Politics},
  pages={195 - 230}
  • M. Balmaseda, Miguel Sebasti´n
  • Published 2003
  • Economics
  • South European Society and Politics
  • Europe has been the driving force of economic policy in Spain over the last four decades and the key factor behind the modernization and globalisation of the Spanish Economy. The accession to the EEC in 1986 was a crucial step in the process of economic and political integration. This process was carried out in several stages. First, trade openness. Exports were liberalized well before 1986, while imports boomed from that date onwards. Secondly, foreign direct investment (FDI) into Spain jumped… CONTINUE READING
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