Abstract

CABALLERO MIGUEZ, Gonzalo. Institutional Change of the Spanish Economy from Francoism to Democracy: A Historical Institutional Analysis. Polít. gob [online]. 2008, vol.15, n.2, pp.353-401. ISSN 1665-2037.

Institutions have returned to the research agenda of social sciences on renewed theoretical foundations. The new institutional economics and the historical and comparative institutional analysis have made theoretical contributions on the historical, political, and economic role of institutions, with Douglass North and Avner Greif being the main contributors. This paper analyzes the process of institutional change of the Spanish economy in the transition from Francoism to democracy. The analysis studies the existence of a Northian predatory State in the self-undermining institutional equilibrium of the early Francoism, and it follows the path of institutional change towards the self-reinforcing institutions with a contractual State on the democratic stage.

Keywords : institutional change; State; Francoism; new institutional economics.

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