TThis paper explains the process by which the Bank of Spain became a national bank, first by obtaining the monopoly of issue in 1874 and then by extending its sphere of financial action by creating the country's only network of bank branches before 1900. The implementation of a "unified or...

Este documento de trabajo proporciona un análisis de los objetivos buscados con las emisiones de deuda finalista durante el franquismo, la estructura de la deuda en circulación y la sostenibilidad de la deuda. Como era más barata, se abusó de la deuda flotante que luego se consolidó. La...

Studies of Spanish cooperatives locate their spread from the Law on Agrarian Syndicates of 1906. But the first legislative appearance of cooperatives is an 1869 measure that permitted general incorporation for lending companies. The 1931 general law on cooperatives, which was the first measure...

Authoritarian Monarchies in the Early Modern period have been considered as a keystone of the outset of the market economy in Europe. However, as a result of their own need of coexistence with other power institutions, it has to be taken into account that those monarchies implied the survival of...

This article tries to shed light on a macroeconomic issue from a microeconomic or business perspective. The problem is the Andalusian backwardness in comparison to more advantaged regions of Spain and the subsequent negative effects it had on the population’s standard of living. The...

This work proposes a long term outlook in order to investigate the reasons explaining the development and importance of the metal-mechanic sector in Valladolid during the second half of the 20th century. We find that the political decisions after the Spanish Civil War of 1936 are determinant in...

This paper offers an overview of the modern Economic History of an interior Spanish province (Valladolid). It investigates the reasons of the economic retardation of this central region in contrast with the periphery of the country. It also presents the unknown attempts of the local business...

This study examines a facet of institutional change in 19th Century Spain. Empirical analysis of a zone in the Ebro valley confirms that the process of selling commons prior to the 1855 Ley de Desamortización (Disentailment Law) was of great significance. It evaluates the nature of the changes...

La Sociedad de Responsabilidad Limitada es la modificación más rotunda en materia de sociedades en España en todo el siglo XX. Su primera ley es de 1953. Y no obstante funcionó con total normalidad y éxito desde 1919, cuando el Reglamento del Registro Mercantil regularizó su inscripción....

This paper analyses the debate on the introduction of progressive rates in the inheritance tax, which took place in the Spanish Parliament in 1900. The article highlights the interest of this debate concerning two aspects: First, the parliamentary discussion itself, very controversial, showed an...