A Political Economy Analysis of Spain’s ‘Mediterranean Neoliberalism’, 1995-2016

This essay provides an analysis, from a political economy perspective, of Spain’s recent socioeconomic development during the last two decades. Our main research objective is to apprehend the institutional mechanisms grounding and animating the period of strong economic growth between 1995 and 2008,...

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Detalles Bibliográficos
Autor: Rey Araújo, Pedro María
Tipo de recurso: tesis doctoral
Fecha de publicación:2019
País:España
Institución:Universidad de Santiago de Compostela (USC)
Repositorio:Minerva. Repositorio Institucional de la Universidad de Santiago de Compostela
Idioma:inglés
OAI Identifier:oai:minerva.usc.gal:10347/19872
Acceso en línea:http://hdl.handle.net/10347/19872
Access Level:acceso abierto
Palabra clave:Materias::Investigación::53 Ciencias económicas::5305 Sistemas económicos::530501 Sistemas económicos capitalistas
Materias::Investigación::53 Ciencias económicas::5307 Teoría económica::530714 Teoría macroeconómica
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spelling A Political Economy Analysis of Spain’s ‘Mediterranean Neoliberalism’, 1995-2016Rey Araújo, Pedro MaríaMaterias::Investigación::53 Ciencias económicas::5305 Sistemas económicos::530501 Sistemas económicos capitalistasMaterias::Investigación::53 Ciencias económicas::5307 Teoría económica::530714 Teoría macroeconómicaThis essay provides an analysis, from a political economy perspective, of Spain’s recent socioeconomic development during the last two decades. Our main research objective is to apprehend the institutional mechanisms grounding and animating the period of strong economic growth between 1995 and 2008, on the one hand, and the upcoming period of socio-economic crisis, from the onset of the Great Recession onwards, on the other. Under the presumption that both periods are ultimately indissociable, it is argued that the aforementioned period of growth was supported, in the last instance, by a set of self- defeating trends which, despite its markedly contradictory character, managed to reproduce themselves for a relatively long time thanks to the relations of mutual support provided by each to the remaining ones. Moreover, the main processes fostering such a path of economic development were not only highly contradictory when considered in isolation but had also quite pernicious social consequences. A twin goal of this essay was to investigate how such conflict-prone institutional bases had not given way to widespread political contestation. It is argued that, in order to apprehend how such a growth model could have been reproduced with virtually no social opposition, it in necessary to appraise the ways in which the worst social effects derived from the main processes governing economic expansion were prevented from coming to the fore thanks to, precisely, their mutual occurrence and successful interaction. However, once the mutual reproduction of such self-defeating trends was no longer possible, the whole institutional structure shaping them crumbled down, demolishing in turn previouslydominant social consensuses. In this respect, it is argued that, on the one hand, the length and intensity of the ensuing crisis was intimately linked to the precarious bases regulating economic expansion and that, on the other, both the timing and issues prominently at stake during the ensuing political crisis were closely related to the nature of previous economic expansion as well as to the type of economic breakdown experienced In order to analyze both periods indicated from a holistic perspective, one which analyzes both the institutional foundations of the early economic expansion and its ulterior decay, on the one hand, and the accompanying social consensuses on the other, a novel theoretical framework will be developed first, one which combines attention to both economic dynamics and political interactions on an equal footing, in the expectation that, this way, the ultimate determinants of recent socio-economic evolution in Spain will be successfully apprehended. Fernández Fernández, MelchorMeixide Vecino, AlbertoUniversidade de Santiago de Compostela. Centro Internacional de Estudos de Doutoramento e Avanzados (CIEDUS)Universidade de Santiago de Compostela. Escola de Doutoramento Internacional en Artes e Humanidades, Ciencias Sociais e Xurídicas20192019-01-0120192019-01-01doctoral thesishttp://purl.org/coar/resource_type/c_db06info:eu-repo/semantics/doctoralThesisapplication/pdfhttp://hdl.handle.net/10347/19872reponame:Minerva. Repositorio Institucional de la Universidad de Santiago de Compostelainstname:Universidad de Santiago de Compostela (USC)Inglésengopen accesshttp://purl.org/coar/access_right/c_abf2Attribution-NonCommercial-NoDerivatives 4.0 Internacionalhttp://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccessoai:minerva.usc.gal:10347/198722026-06-15T12:47:27Z
dc.title.none.fl_str_mv A Political Economy Analysis of Spain’s ‘Mediterranean Neoliberalism’, 1995-2016
title A Political Economy Analysis of Spain’s ‘Mediterranean Neoliberalism’, 1995-2016
spellingShingle A Political Economy Analysis of Spain’s ‘Mediterranean Neoliberalism’, 1995-2016
Rey Araújo, Pedro María
Materias::Investigación::53 Ciencias económicas::5305 Sistemas económicos::530501 Sistemas económicos capitalistas
Materias::Investigación::53 Ciencias económicas::5307 Teoría económica::530714 Teoría macroeconómica
title_short A Political Economy Analysis of Spain’s ‘Mediterranean Neoliberalism’, 1995-2016
title_full A Political Economy Analysis of Spain’s ‘Mediterranean Neoliberalism’, 1995-2016
title_fullStr A Political Economy Analysis of Spain’s ‘Mediterranean Neoliberalism’, 1995-2016
title_full_unstemmed A Political Economy Analysis of Spain’s ‘Mediterranean Neoliberalism’, 1995-2016
title_sort A Political Economy Analysis of Spain’s ‘Mediterranean Neoliberalism’, 1995-2016
dc.creator.none.fl_str_mv Rey Araújo, Pedro María
author Rey Araújo, Pedro María
author_facet Rey Araújo, Pedro María
author_role author
dc.contributor.none.fl_str_mv Fernández Fernández, Melchor
Meixide Vecino, Alberto
Universidade de Santiago de Compostela. Centro Internacional de Estudos de Doutoramento e Avanzados (CIEDUS)
Universidade de Santiago de Compostela. Escola de Doutoramento Internacional en Artes e Humanidades, Ciencias Sociais e Xurídicas
dc.subject.none.fl_str_mv Materias::Investigación::53 Ciencias económicas::5305 Sistemas económicos::530501 Sistemas económicos capitalistas
Materias::Investigación::53 Ciencias económicas::5307 Teoría económica::530714 Teoría macroeconómica
topic Materias::Investigación::53 Ciencias económicas::5305 Sistemas económicos::530501 Sistemas económicos capitalistas
Materias::Investigación::53 Ciencias económicas::5307 Teoría económica::530714 Teoría macroeconómica
description This essay provides an analysis, from a political economy perspective, of Spain’s recent socioeconomic development during the last two decades. Our main research objective is to apprehend the institutional mechanisms grounding and animating the period of strong economic growth between 1995 and 2008, on the one hand, and the upcoming period of socio-economic crisis, from the onset of the Great Recession onwards, on the other. Under the presumption that both periods are ultimately indissociable, it is argued that the aforementioned period of growth was supported, in the last instance, by a set of self- defeating trends which, despite its markedly contradictory character, managed to reproduce themselves for a relatively long time thanks to the relations of mutual support provided by each to the remaining ones. Moreover, the main processes fostering such a path of economic development were not only highly contradictory when considered in isolation but had also quite pernicious social consequences. A twin goal of this essay was to investigate how such conflict-prone institutional bases had not given way to widespread political contestation. It is argued that, in order to apprehend how such a growth model could have been reproduced with virtually no social opposition, it in necessary to appraise the ways in which the worst social effects derived from the main processes governing economic expansion were prevented from coming to the fore thanks to, precisely, their mutual occurrence and successful interaction. However, once the mutual reproduction of such self-defeating trends was no longer possible, the whole institutional structure shaping them crumbled down, demolishing in turn previouslydominant social consensuses. In this respect, it is argued that, on the one hand, the length and intensity of the ensuing crisis was intimately linked to the precarious bases regulating economic expansion and that, on the other, both the timing and issues prominently at stake during the ensuing political crisis were closely related to the nature of previous economic expansion as well as to the type of economic breakdown experienced In order to analyze both periods indicated from a holistic perspective, one which analyzes both the institutional foundations of the early economic expansion and its ulterior decay, on the one hand, and the accompanying social consensuses on the other, a novel theoretical framework will be developed first, one which combines attention to both economic dynamics and political interactions on an equal footing, in the expectation that, this way, the ultimate determinants of recent socio-economic evolution in Spain will be successfully apprehended.
publishDate 2019
dc.date.none.fl_str_mv 2019
2019-01-01
2019
2019-01-01
dc.type.none.fl_str_mv doctoral thesis
http://purl.org/coar/resource_type/c_db06
dc.type.openaire.fl_str_mv info:eu-repo/semantics/doctoralThesis
format doctoralThesis
dc.identifier.none.fl_str_mv http://hdl.handle.net/10347/19872
url http://hdl.handle.net/10347/19872
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
Attribution-NonCommercial-NoDerivatives 4.0 Internacional
http://creativecommons.org/licenses/by-nc-nd/4.0/
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
Attribution-NonCommercial-NoDerivatives 4.0 Internacional
http://creativecommons.org/licenses/by-nc-nd/4.0/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Minerva. Repositorio Institucional de la Universidad de Santiago de Compostela
instname:Universidad de Santiago de Compostela (USC)
instname_str Universidad de Santiago de Compostela (USC)
reponame_str Minerva. Repositorio Institucional de la Universidad de Santiago de Compostela
collection Minerva. Repositorio Institucional de la Universidad de Santiago de Compostela
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