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01367pab a2200169 454500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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180718b1999 xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Perez, Sofia A. |
| 245 ## - TITLE STATEMENT |
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| Title |
From labor to finance: understanding the failure of socialist economic policies in Spain |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. |
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| Date of publication, distribution, etc. |
1999 |
| 300 ## - PHYSICAL DESCRIPTION |
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| Extent |
p.659-89 |
| 362 ## - DATES OF PUBLICATION AND/OR SEQUENTIAL DESIGNATION |
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| Dates of publication and/or sequential designation |
Sep |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc. |
This article seeks to explain the Spanish Socialist Party's (PSOE's) failure to reverse Spain's dismal employment record during the course of its long government tenure from 1982 until 1996. Most efforts to explain Spain's position at the extreme of the unemployment spectrum in Europe follow the prevalent tendency in the comparative political economy literature by giving causal primacy to labor market institutions. This article challenges this labor-market-centered view by arguing that the failure of the Socialist government's economic policy strategy is to be found in the interaction of two other factors: the biased course of financial liberalization and the perverse effects of the PSOE's macroeconomic policy strategy on inflation and on the process of social concertation (national wage bargaining). The article also seeks to explain the PSOE's choices in these policy areas. - Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name entry element |
Spain - Economic policy |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name entry element |
Economic policy |
| 773 ## - HOST ITEM ENTRY |
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| Main entry heading |
Comparative Political Studies |
| 909 ## - |
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| -- |
43990 |
