Lessons from the Economic Crisis in Spain

Sebastián Royo is Associate Dean of the College of Arts and Sciences and an Associate Professor of Government at Suffolk University, UK.

"In this book, Sebastian Royo presents a rigorous and comprehensive analysis of the economic crisis that afflicted Spain following a decade of impressive growth. It is essential reading not only for those with particular interest in Spain, but also for those wishing to understand the difficulties surrounding public policy responses to economic collapse in complex modern societies." - Richard Gunther, Professor, Department of Political Science, Ohio State University, USA "This book is a complete description of the uniqueness of the economic and financial crisis in Spain, in the context of the broader crisis of the Eurozone." - Emilio Ontiveros, Professor, Universidad Autonoma de Madrid, Spain

• 1. Introduction: Reckless Finance, Global Crisis 2. A Miraculous Decade: 1997-2007 3. Unsustainable Imbalances 4. Unfolding and Consequences of the Crisis 5. The Impact of the Economic Crisis on Spanish Politics 6. The Global Crisis and the Spanish Financial System 7. The Government's Responses 8. The Challenge of Economic Reforms 9. Conclusion: Global Lessons from Spain