The Spanish economy has undergone an unprecedented period of growth since the country's entry into the EU. This volume provides a detailed and comprehensive assessment of the performance of the Spanish economy in the 1990s, which places this impressive growth in context and examines Spain's future prospects of successfully qualifying for European Economic and Monetary Union. It analyses recent structural changes in the Spanish economy and macroeconomic performance, as well as developments in government policy. The book also contains in depth empirical studies of recent reforms in the labour market, changes in industry and the effects of privatization. This is an extremely valuable work for all those with an interest in Spain, the Spanish economy and European economics.