ABSTRACT
This chapter discusses the deindustrialization and tertiarization of Spain, with special emphasis on its regional economies. It analyses the nation's economy from 1960 through to the present, by considering the effects of the economic crisis as manifested at the regional level, and outlines the new economic profile of these regions that has emerged in recent years. The chapter also analyses the two 'macro-regions' in detail, one in apparent decline, and another enjoying a period of economic growth. It examines the differences between Spain and the more mature economies of the United States, the United Kingdom, the Federal Republic of Germany and France. The economic crisis in Spain struck a sectorally structured industry very different from that of other European Community countries. The chapter examines Spain's recent evolution from the regional point of view: the incidence of the industrial crisis, the dynamism of services and the more recent phase of economic evolution are clear.
