Wzrost gospodarczy Hiszpanii w latach 1946—1964 ze szczególnym uwzględnieniem programu stabilizacji gospodarki z 1959 r.

Abstract

The article analyzes the crucial event in the economic policy of Spain which was launching of the stabilization programme in 1959. In the period of 1945—1950 the Spanish economy had a ąuasi autarkic character. There were being developed almost all industries with no consideration given to profitability of the domestic production. This led to increase of production costs and caused a situation in which Spanish products due to thier poor quality were hardly competitive in the world market as compared with foreign products. The launching of the stabiliza tion programme brought about an acceleration of the economic growth rate. Over the period of 1960— 1968 the economic growth rate amounted to 7.77 per cent on the annual average. That constituted a beginning of Spain’s economic boom reflecting such phenomena as rapid exp an sion of foreign tourism in Spain and increasing transfers from Spanish workers employed outside the country. As a result of industrialization the structure of Spain's economy underwent changes. The industrialization process produced a decrease in the number of people employed in agriculture and an increase in the number of those employed in industry and service sector of the economy.