In this paper, we analyse the demand-led determinants of Spanish economic growth from
1998–2019. We apply the supermultiplier demand-led growth accounting methodology by …

This article analyses from a Keynesian approach the effect of wage devaluation on the
Spanish labour market during the Great Recession post-2008. It challenges the pro-flexibility …

Capitalism, Institutions and Social Orders develops a novel political economy approach by
establishing a dialogue between the Social Structures of Accumulation (SSA) theory and …

In line with the orientation of EU economic policy, the Spanish government has favoured a
strategy of internal devaluation as a way of adjusting price levels within the currency union …

The Spanish economy has experienced a deep change in its growth pattern over the last 20
years, shifting from a debt-led model driven by the real estate sector, from the introduction of …

Abstract Using a Balance-of-Payments Constrained Growth model and a Convergence
Quadrants Diagram this paper finds evidence of economic divergence of most European …

In this chapter we shed light on the debate on whether Spain constitutes an example of the
'success' of austerity policies, internal devaluation and structural reforms as the pro-flexibility …

This paper investigates the deindustrialization process in Germany and Spain from 1995 to
2018. It is argued that the deindustrialization trajectories of each country are partially related …

In Mediterranean economies, significant differences in growth rates have emerged since the
Great Recession: Spain and Portugal (volatile growth), Italy (stagnation), and Greece …

The aim of this chapter is to contribute to the debate on the Mediterranean Growth models,
through the estimation of the contributions of wages, financialization variables and external …