Abstract
During three pre-crisis decades the dominant feature of Spain’s economic development model was the leading growth of service sector and construction. Under the economic circumstances of 1980-1990s this model proved to be enough successful. In particular, it provided a substantial growth of the living level of Spanish population. However, by mid-2000s it has been exhausted. Moreover, while being at the upward trend the nation missed the opportunity of shifting to a higher level of technological development. As a result, the accumulated disparities in its economic structure made Spain one of the focal points of the recent crisis of Eurozone. It is clear that it will take a long period for the nation to solve the urgent problems, which the prevailing part is concentrated in the sphere of government finance.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
