Stabilization Plan of 1959

E106829

The Stabilization Plan of 1959 was a pivotal economic reform program in Francoist Spain that liberalized and modernized the economy, ending autarky and laying the groundwork for rapid growth in the 1960s.

All labels observed (4)

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf economic reform program ⓘ
government policy ⓘ
appliedIn Francoist Spain ⓘ
appliesTo Spanish peseta ⓘ
chronologicalFollowedBy Spanish economic miracle ⓘ
country Spain ⓘ
describedAs foundation for Spain's later industrial development ⓘ
turning point in modern Spanish economic history ⓘ
field economic stabilization ⓘ
macroeconomic policy ⓘ
trade liberalization ⓘ
hasAlternativeName Plan de Estabilización de 1959 ⓘ
Spanish Stabilization Plan ⓘ
hasComponent credit restrictions ⓘ
currency devaluation ⓘ
foreign exchange liberalization ⓘ
price control measures ⓘ
reduction of public deficit ⓘ
trade liberalization ⓘ
wage restraint measures ⓘ
hasEffect beginning of the Spanish economic miracle ⓘ
end of economic autarky in Spain ⓘ
growth of tourism sector in Spain ⓘ
improvement of Spain's balance of payments ⓘ
increase in foreign investment in Spain ⓘ
increase in industrialization in Spain ⓘ
integration of Spain into international markets ⓘ
rapid economic growth in Spain in the 1960s ⓘ
reduction of inflation in Spain ⓘ
social costs due to austerity measures ⓘ
hasParticipant Opus Dei technocrats ⓘ
Spanish Ministry of Finance ⓘ
Spanish technocrats ⓘ
implementedBy Francisco Franco regime ⓘ
linked to: Francoist Spain

Spanish government ⓘ
influencedBy International Monetary Fund ⓘ
Organisation for European Economic Co-operation ⓘ
World Bank ⓘ
location Spain ⓘ
mainGoal balance of payments adjustment ⓘ
control of inflation ⓘ
economic liberalization ⓘ
end of autarkic economic policy ⓘ
stabilization of the Spanish economy ⓘ
politicalContext Francoist dictatorship ⓘ
linked to: Francoist Spain
startTime 1959 ⓘ

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Francoist Spain → keyEconomicPlan → Stabilization Plan of 1959 ⓘ
Stabilization Plan of 1959 → hasAlternativeName → Spanish Stabilization Plan ⓘ
linked to: Stabilization Plan of 1959
Stabilization Plan of 1959 → hasAlternativeName → Plan de Estabilización de 1959 ⓘ
linked to: Stabilization Plan of 1959
Spanish economic miracle → triggeredBy → 1959 Stabilization Plan ⓘ
linked to: Stabilization Plan of 1959