Structure and restructuring in the Spanish economy

2.50
Hdl Handle:
http://hdl.handle.net/10547/556939
Title:
Structure and restructuring in the Spanish economy
Authors:
Salmon, Keith Graham
Abstract:
The changing character of the economic environment in the last quarter of the twentieth century has resulted in a continuous process of restructuring in the economy of Spain, mediated through the structure and regulatory framework of the economy. Three specific themes contributing to restructuring are addressed: globalisation of the economy, European integration, and the role of the public sector. Globalisation ofthe economy is demonstrated through increased international flows of goods, capital, people and information, and by the incorporation of businesses in Spain within the corporate networks of foreign multinational companies. Spanish businesses too have been extending their global reach, especially into Latin America. European integration has been part of the globalisation process. A substantial proportion of international flows are now concentrated within the European Union and business networks have been adapting to the 'Single European Market'. European integration has dominated economic policy, first in measures to secure membership of the European Economic Community, then in measures to adjust to the regulatory environment of the European Community and finally in the race to achieve the Maastricht criteria. The role of the public sector in restructuring has been to 'manage' the market forces unleashed by the liberalisation ofthe economy. Market forces, embracing increased competition and technological change, have driven the restructuring process demanding responses from the government. These responses have increasingly been constrained by the shedding of responsibilities upwards to international organisations and downwards to lower tiers of administration. Isolation, protection and goverrunent intervention in the economy have given way to a more liberal, open and international environment. Transformation in the mode of regulation from state corporatism to neo-liberalism has been accompanied by globalisation of the economy, particularly integration into the European economy and the corporate space of multinational companies. Nevertheless, despite the growing emphasis on globalisation, public policy continues to play a crucial role influencing the pace, if not the direction, of restructuring.
Citation:
Salmon, K.G. (1997) 'Structure and restructuring in the Spanish economy'. PhD thesis. University of Luton.
Publisher:
University of Bedfordshire
Issue Date:
Jun-1997
URI:
http://hdl.handle.net/10547/556939
Type:
Thesis or dissertation
Language:
en
Description:
Accompanying report for submission in partial fulfllment of the requirements for the award of the Degree of Doctor of Philosophy based on published works to the Faculty of Science and Technology, University of Luton.
Appears in Collections:
PhD e-theses

Full metadata record

DC FieldValue Language
dc.contributor.authorSalmon, Keith Grahamen
dc.date.accessioned2015-06-15T11:24:27Zen
dc.date.available2015-06-15T11:24:27Zen
dc.date.issued1997-06en
dc.identifier.citationSalmon, K.G. (1997) 'Structure and restructuring in the Spanish economy'. PhD thesis. University of Luton.en
dc.identifier.urihttp://hdl.handle.net/10547/556939en
dc.descriptionAccompanying report for submission in partial fulfllment of the requirements for the award of the Degree of Doctor of Philosophy based on published works to the Faculty of Science and Technology, University of Luton.en
dc.description.abstractThe changing character of the economic environment in the last quarter of the twentieth century has resulted in a continuous process of restructuring in the economy of Spain, mediated through the structure and regulatory framework of the economy. Three specific themes contributing to restructuring are addressed: globalisation of the economy, European integration, and the role of the public sector. Globalisation ofthe economy is demonstrated through increased international flows of goods, capital, people and information, and by the incorporation of businesses in Spain within the corporate networks of foreign multinational companies. Spanish businesses too have been extending their global reach, especially into Latin America. European integration has been part of the globalisation process. A substantial proportion of international flows are now concentrated within the European Union and business networks have been adapting to the 'Single European Market'. European integration has dominated economic policy, first in measures to secure membership of the European Economic Community, then in measures to adjust to the regulatory environment of the European Community and finally in the race to achieve the Maastricht criteria. The role of the public sector in restructuring has been to 'manage' the market forces unleashed by the liberalisation ofthe economy. Market forces, embracing increased competition and technological change, have driven the restructuring process demanding responses from the government. These responses have increasingly been constrained by the shedding of responsibilities upwards to international organisations and downwards to lower tiers of administration. Isolation, protection and goverrunent intervention in the economy have given way to a more liberal, open and international environment. Transformation in the mode of regulation from state corporatism to neo-liberalism has been accompanied by globalisation of the economy, particularly integration into the European economy and the corporate space of multinational companies. Nevertheless, despite the growing emphasis on globalisation, public policy continues to play a crucial role influencing the pace, if not the direction, of restructuring.en
dc.language.isoenen
dc.publisherUniversity of Bedfordshireen
dc.subjectL160 International Economicsen
dc.subjectSpainen
dc.subjecteconomicsen
dc.subjectglobalisationen
dc.subjectEuropean integrationen
dc.subjectpublic sectoren
dc.titleStructure and restructuring in the Spanish economyen
dc.typeThesis or dissertationen
dc.type.qualificationnamePhDen_GB
dc.type.qualificationlevelPhDen
dc.publisher.institutionUniversity of Bedfordshireen
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