Reformists in Spain have long worked towards bringing the country's economy in line with the rest of Europe, since the late 19th century (Royo, 2006). The Franco regime resulted in stunted economic growth. After decades under such rule, Spain was enthusiastic to modernize its economy. A former world power, Spain had fallen by the wayside economically and politically during the 20th century. The relationships that the nation had established with Latin America had become relatively meaningless, and Spain was considered a backwater within Europe. Even before the fall of Franco, steps were taken to open the economy. After the fall of Franco the pace of reforms accelerated further. But ascension into the EU provided Spain with the impetus to make bold reforms, and it was these that allowed for the recent long-term run of strong growth.
Much of Spain's economic renaissance can be attributed to a desire among the Spanish to restore the nation to prominence. It was not without difficulty that Spanish leadership undertook the aggressive reforms that followed EU ascendancy. There were high social costs in the short-term, but the nation's leadership was committed to restoring Spain as a major European power. After a generation of aggressive reforms, this restoration has occurred. Now, with Spain's economic might restored, its political power has returned. Spain is now in a position to drive the EU agenda on many issues, and it has exercised that privilege.
Conclusion
Spain's expanded role in the international system relates directly to its economic renaissance. Few world powers gave the Spanish more than cursory consideration when the nation was poor and dependent on agriculture and fishing. Now, with a strong and diversified economy, Spain has returned to prominence in the world. The Spanish are restoring their historical influence in Latin America...
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