A white SEAT 600, an icon of the Spanish Miracle

The 1957 built, 142m high, Torre de Madrid somehow heralded the advent of the Spanish Miracle

The Spanish miracle (Spanish: Desarrollo económico de España) was the name given to the Spanish economic boom between 1959 and 1973. The boom was bolstered by economic reforms promoted by the so-called technocrats, accepted by Francisco Franco, who put in place development policies from the International Monetary Fund. The technocrats were a new breed of politicians who replaced the old falangist guard. SEAT 600 Photographer: iboff Source: Stock. ... SEAT 600 Photographer: iboff Source: Stock. ... Image File history File linksMetadata Download high-resolution version (798x1192, 278 KB) Taken by/Tomada por Zaqarbal, 21–III–2006. ... Image File history File linksMetadata Download high-resolution version (798x1192, 278 KB) Taken by/Tomada por Zaqarbal, 21–III–2006. ... Technocracy (techno for technology and cracy for power) is an organizational system in which decision makers and political leaders are selected on the basis of technological knowledge —often because of some conflict or competition where technological escalation is a constant feature. ... Francisco Paulino Hermenegildo Teódulo Franco y Bahamonde Salgado Pardo (4 December 1892 – 20 November or possibly 19 November[1] 1975), abbreviated “Francisco Franco y Bahamonde” and commonly known as “Generalísimo Francisco Franco” (pron. ... The International Monetary Fund (IMF) is an international organization that oversees the global financial system by observing exchange rates and balance of payments, as well as offering financial and technical assistance when requested. ... Falange was a totalitarian clerical fascist political organization founded by José Antonio Primo de Rivera in 1933 in opposition to the Second Spanish Republic. ...

The implementation of these policies took the form of development plans (Spanish: Planes de desarrollo) and it was largely a success: Spain enjoyed the second highest growth rate in the world, just after Japan, and became the ninth largest economy in the world, just after Canada. Spain joined the industrialized world, leaving behind the poverty and endemic underdevelopment it had experienced since the loss of the Spanish Empire at the beginning of the 19th century. Economic development is a sustainable increase in yoyoyoyoyoyoyoyoyooyyyyyyyyyyyyyyyyyyyyyyyyyyyooooooooo There are more than 20,000 professional economic developers employed world wide in this highly specialized industry. ... Military flag of the Spanish Empire from the 16th century up to 1843. ...

The recovery was heavily based on public investment on infrastructures and the opening of Spain as a tourist destination. The Miracle ended the period of autarchy (closed economy) and could be considered to be the response to the economic crisis of Spain after the Spanish Civil War and the challenges of World War II. The economic growth saw noticeable improvements in Spanish living standards and the development of a middle class in Spain, though Spain remained less economically advanced relative to the rest of Western Europe (with the exception of Portugal and Ireland). At the heyday of the Miracle, 1974, Spanish income per capita was 79% of the western European average, only to be reached again 25 years later, in 1999. A tourist boat travels the River Seine in Paris, France Tourism can be defined as the act of travel for the purpose of recreation, and the provision of services for this act. ... Look up Autarchy in Wiktionary, the free dictionary. ... Combatants Spanish Republic CNT-FAI UGT POUM Soviet Union International Brigades Spanish State Falangists Carlists Fascist Italy Nazi Germany Army Comrades Association Commanders Manuel Azaña Francisco Largo Caballero Juan Negrín Francisco Franco Casualties Civilians killed/wounded = hundreds of thousands The Spanish Civil War, which lasted from July 17... Combatants Major Allied powers: United Kingdom Soviet Union United States France Republic of China and others Major Axis powers: Germany Italy Japan Hungary and others Commanders Winston Churchill Joseph Stalin Franklin Roosevelt Charles de Gaulle Chiang Kai-Shek Adolf Hitler Benito Mussolini Hideki Tojo Regent Miklos Horthy. ... The middle class (or middle classes) comprises a social group once defined by exception as an intermediate social class between the nobility and the peasantry. ... A common understanding of Western Europe in modern times. ... 1974 (MCMLXXIV) was a common year starting on Tuesday. ... 1999 (MCMXCIX) was a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ...

The recovery led to an increase in (often unplanned) building on the periphery of the main Spanish cities to accommodate the new class of industrial workers brought by rural exodus much similar to the French banlieue. Rural exodus is a term used to describe the migratory patterns that normally occur in a region following the mechanisation of agriculture. ...

The icon of the Desarrollo was the SEAT 600, the first car for many Spanish working class families, produced by the Spanish SEAT under FIAT licence. A white Seat 600 The SEAT 600 is a Spanish car made from 1957 to 1973 . ... An old SEAT 600 SEAT is a Volkswagen subsidiary and one of the leading car makers in Spain. ... Fiat Punto Fiat Group, or Fiat S.p. ...

See also

• German Wirtschaftswunder (German economic miracle)
• Instituto Nacional de Industria
• Pegaso
• Seat