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In the words of the OECD's 1987-88 survey of the Spanish economy, "following a protracted period of sluggish growth with slow progress in winding down inflation during the late 1970s and the first half of the 1980s, the Spanish economy has entered a phase of vigorous expansion of output and employment accompanied by a marked slowdown of inflation."
Spanish decline can trace its direct causes to the long-term inflation and hyperinflation caused by the New World silver pouring into the Spanish economy after 1530 or so. This one economic problem caused a cascade of events in Spain's economy that ultimately destroyed its prosperity and led to Spain's long-term decline.
The 142 m Torre de Madrid, built in 1957, heralded the "Spanish Miracle".. The Spanish miracle (Spanish: el milagro español) refers to a period of exceptionally rapid development and growth across all major areas of economic activity in Spain during the latter part of the Francoist regime, 1959 to 1974, [1] in which GDP averaged a 6.5 percent growth rate per year, [2] and was itself part of a ...
The economy of Spain is a highly developed social market economy. [29] It is the world's 15th largest by nominal GDP and the sixth-largest in Europe.Spain is a member of the European Union and the eurozone, as well as the Organization for Economic Co-operation and Development and the World Trade Organization.
The data were compiled by the Billboard chart and research department with information from 70 Spanish-language radio stations in the United States and Puerto Rico. [2] Those radio stations were selected based on their number of listeners, and were asked to report their playlists for the week.
This article includes an overview of the major events and trends in Latin music in the 1970s, namely in Ibero-America (including Spain and Portugal). This includes recordings, festivals, award ceremonies, births and deaths of Latin music artists, and the rise and fall of various subgenres in Latin music from 1970 to 1979.
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The Spanish Empire had reached approximately 12.2 million square kilometers (4.7 million square miles) in area 1668: The Treaty of Lisbon was signed. Spain recognized the sovereignty of Portugal's new ruling dynasty, the House of Braganza. 1675: Charles II of Spain, the last Habsburg ruler of the Spanish Empire, was crowned. 1700: 1 November