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 (3)

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 Stabilization Plan of 1959
surface form: Plan de Estabilización de 1959

Stabilization Plan of 1959
surface form: 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 Francoist Spain
surface form: Francisco Franco regime

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 Spain
surface form: Francoist dictatorship
startTime 1959

How these facts were elicited

Referenced by (3)

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 Stabilization Plan of 1959
this entity surface form: Spanish Stabilization Plan
Stabilization Plan of 1959 hasAlternativeName Stabilization Plan of 1959
this entity surface form: Plan de Estabilización de 1959