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Unstable Preferences and Policy Changes: Spain

  • Xavier Coller
  • Fernando Ramírez de Luis
Chapter

Abstract

This chapter provides an account of the positions of Spanish policy-makers towards the major debates related to the recent Eurozone crisis and, furthermore, how these positions were developed through interactions with leading actors. The chapter focuses on the Greek bailout, the creation of the European Stability Mechanism (ESM) and the incorporation of a debt brake into the Constitution of Member States. Attention is paid to the how, the why and the ‘major influences’, against the backdrop of the Great Recession. Liberal Intergovernmentalism (LI) is combined with New (and Historic) Institutionalism and Garbage Can Theory (GCT) to interpret and explain decisions taken. Support for the narrative developed here comes from the triangulation of primary sources (interviews to key insiders present in the decision-making process) and secondary sources (newspaper clippings, official reports, memoirs of the main actors, academic literature and political debates in Congress).

Keywords

Spain Eurozone crisis Fiscal Compact Six Pack 

Notes

Acknowledgements

The authors want to acknowledge Leonardo Morlino and Cecilia Sottilotta for their editorial comments, Marta Parades for her generosity in providing data of national and European sentiments, Paul Rigg for his linguistic corrections, Marco Lisi for a couple of references, and Jean-Baptiste Harguindéguy and Ana Marta Guillén for useful suggestions. The first author also wishes to thank Prof. Ferràn Martínez and Teresa Astolfi for their helpful contacts with Spanish authorities.

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Copyright information

© The Author(s) 2020

Authors and Affiliations

  • Xavier Coller
    • 1
  • Fernando Ramírez de Luis
    • 2
  1. 1.Universidad Nacional de Educación a Distancia (UNED)MadridSpain
  2. 2.Universidad Pablo de OlavideSevilleSpain

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