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According to GDP per capita, Spain is below Italy, but above Portugal. Has its position changed much over the last century? I would be interested to see a measu
by bloak 14d ago
According to GDP per capita, Spain is below Italy, but above Portugal. Has its position changed much over the last century? I would be interested to see a measure of that, but how far back is it feasible to estimate GDP per capita?
I don't know how Spain was affected by WW2, but they had a very nasty civil war just before WW2. I'm not sure if that's relevant to GDP per capita, though, because a war can sometimes improve the economy by leading to the overflow of a system in which progress is blocked by a relatively rich ruling class.
- fcatalan 14d agoMy grandparents would routinely call the 40s "The years of hunger" so you can guess which way it went.
- FullMetalBitch 13d agoSpain was isolated due to it's political Allignment in the 40's, things changed a lot from 1954 on wards when they realized they had a friend in there now that the enemy was the USSR.
- otherme123 13d agoSpain was voluntarely isolated after Civil War because Franco and the Falange (read fascists) were obsessed with being self sufficient (autarchy). The thing was so extreme that there was smuggling of metals by foot (iron, tin, cooper...) from Portugal and France. But the autarchy was from Franco, and not a pressure against him. You can read about this here: https://en.wikipedia.org/wiki/Economy_of_Spain_(1939%E2%80%931959) https://en.wikipedia.org/wiki/Economy_of_Spain_(1939%E2%80%9... The "magical" event that happened mid/late 1950's was that autarchy was still not working and the other main faction of the government (called technocrats, mainly the Opus Dei) said "the national catholicism is cool and all, but we need to get profits and this autarchy shit isn't working". So the autarchy ended to the Falange dismay, and the country slowly opened economically and started catching up with Europe. Sadly Falange is on the rise again (falangist Buxadé from Vox cleaned the party from capitalists in the last couple of years), and you can hear young people calling for closing and going "Spain first" again.
- schnitzelstoat 13d agoThe biggest problem nowadays is the focus on low-value industries like agriculture and tourism. The Civil War and subsequent dictatorship help explain how the country ended up in this situation but I think people often focus on them too much rather than how to improve for the future.