La Depressió del darrer Franquisme i la transició democràtica (1973-1986) Authors Jordi Catalan Abstract The crisis of 1973-1986 led to a tremendous industrial depression in Catalonia. This paper analyses its primary causes, additional determinants of the slump, and the buffer mechanisms which contributed to recovery. The first order causes were oil shocks, weak government, the inflationary spiral, and the economic inheritance of Francos regime. The slump developed into a full-scale depression because of the low expectations of the business community, significant increases in labor costs, excesses in monetary policy and the sudden liberalization of industries such as automobile production and banking. Factors that made significant contributions to recovery were the increase in tertiary activities (mainly public employment), fiscal expansion, and the marked depreciation of the peseta. Downloads Download data is not yet available. Downloads Text complet (Català) Published 2014-01-22 How to Cite Catalan, J. (2014). La Depressió del darrer Franquisme i la transició democràtica (1973-1986). Butlletí De La Societat Catalana d’Estudis Històrics, (24), 367–401. Retrieved from https://revistes.iec.cat/index.php/BSCEH/article/view/83382.001 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue No. 24 (2013) Section Times of crisis. A transversal perspective on the history of Catalonia License The intellectual property of articles belongs to the respective authors.On submitting articles for publication to the journal Butlletí de la Societat Catalana d'Estudis Històrics authors accept the following terms:Authors assign to Societat Catalana d'Estudis Històrics (a subsidiary of Institut d’Estudis Catalans) the rights of reproduction, communication to the public and distribution of the articles submitted for publication to Butlletí de la Societat Catalana d'Estudis Històrics.Authors answer to Societat Catalana d'Estudis Històrics for the authorship and originality of submitted articles.Authors are responsible for obtaining permission for the reproduction of all graphic material included in articles.Societat Catalana d'Estudis Històrics declines all liability for the possible infringement of intellectual property rights by authors.The contents published in the journal, unless otherwise stated in the text or in the graphic material, are subject to a Creative Commons Attribution-NonCommercial-NoDerivs (by-nc-nd) 3.0 Spain licence, the complete text of which may be found at https://creativecommons.org/licenses/by-nc-nd/3.0/es/deed.en. Consequently, the general public is authorised to reproduce, distribute and communicate the work, provided that its authorship and the body publishing it are acknowledged, and that no commercial use and no derivative works are made of it.The journal Butlletí de la Societat Catalana d'Estudis Històrics is not responsible for the ideas and opinions expressed by the authors of the published articles.