Provides a broad overview of the economic and political events in Spain from 1940 to the present. Examines the emergence of Spain from the Franco dictatorship and its convergence in living democracy, which is reflected in the amazing results of the 2004 elections. Also describes the economic transformation of Spain and permits discussion of the relationship between economic and political dynamics. The main role of the European Union (EU) has played as an inspirational goal and institutional constraints, as Spain developed both economically and politically. Discuses more detail in the Spanish labor market and the evolution of the unemployment rate in Spain. Also examines the role of terrorism in the society, such as Spain, with reference to both Basque separatists ETA terrorism and terrorism-related explosions Atocha station in 2004. "Hide
by Rafael Di Tella, Ingrid Vogel Source: Harvard Business School 24 pages. Publication Date: 08 Oct 2004. Prod. #: 705006-PDF-ENG