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crises that disrupted the industrialised world although several scholars have argued that "liabilities accumulated during years of frenzied pursuit of economic development" were in fact to blame for the slow economic growth of the late 1970s.
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averaged a 6.5 percent growth rate per year, and was itself part of a much longer period of an above average GDP growth rate from 1951 to 2007. The economic boom came to an end with the 1970s international
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De la Torre, Joseba; García-Zúñiga, Mario (2014). "Was it a
Spanish Miracle? Development Plans and Regional Industrialization, 1950–1975". In Grabas, Christian; Nützenadel, Alexander (eds.).
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car, produced by the
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Spanish economic growth in the long run: What historical national accounts show
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The rapid economic expansion reinvigorated old industrial areas: the
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