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This book examines the political roots of banking crises in Spain. It focuses on the process of political bargains in which parties with different interests come together to form coalitions, and it shows how these coalitions have determined banking outcomes and caused banking crises in Spain. In particular, it analyzes the 2008 Spanish banking crisis and shows how Spanish banks and related savings institutions contributed significantly to the ...

This book examines the political roots of banking crises in Spain. It focuses on the process of political bargains in which parties with different interests come together to form coalitions, and it shows how these coalitions have determined banking outcomes and caused banking crises in Spain. In particular, it analyzes the 2008 Spanish banking crisis and shows how Spanish banks and related savings institutions contributed significantly to the ...

Issue 1 of Portuguese Studies for 2018. Portugal, Forty-Four Years after the Revolution

Portugal in the Twenty-First Century: Politics, Society, and Economics, edited by Sebastian Royo, reflects on the legacies of authoritarianism on the democratization process and addresses issues related to Portugal's integration into the European Union, with the perspective offered by its twenty-three years of membership. Portugal in the Twenty-First Century reflects on what has happened in the country and in Europe during the last three decad...

Royo examines how national-level social bargaining was established in Portugal and Spain during the last two decades, despite unpropitious institutional and structural conditions. He argues that this development was the result of the reorientation of the strategies of the social actors. With their support for these macro-economic agreements labor unions sought to participate in labor and economic reforms and avoid the implementation of unilate...