Chapter 1. Introduction. A Millennial View of Spain’s Development -- Part I: Growth and Well-being -- Chapter 2. Growth Recurring in Preindustrial Economy -- Chapter 3. Capital Accumulation -- Chapter 4. Productivity Growth -- Chapter 5. Inequality and Poverty -- Part II. Spain in the Global...

Spain’s financial position during the late 19th and early 20th century has usually been presented as one of persistent deficit on current account, which resulted from her integration into international commodity and factor markets and this, in turn, slowed down growth. In this essay a...