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The book examines the reasons for the crisis, analyzes the government's responses, and draws some lessons from the Spanish experience. The book offers an up-to-date assessment of political and economic issues in Spain.
Is globalization forcing non-coordinated market economies, such as Chile, Mexico, Spain, and Portugal, to converge on an Anglo-American model? What explains national differences in social and economic policies? This book builds on recent literature on 'varieties of capitalism' to show the impact that institutions have on national economic policy.
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