Socialist Spain Opens for Business

Article Abstract:

The Socialist government of Spain is opening up its economy to foreign competition. Foreign investors have spent over $2.4 billion in projects. Despite heavy foreign investment, Spanish companies have been spending abroad, particularly in Latin America. Many companies are too much in debt, because of the devaluation of Spanish currency. Unemployment is high, 17.5 per cent in September. Reducing the budget deficit is of significant priority. The government is asking for wage cuts and possibly higher short term unemployment.

Economic policy, Spain

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Sheffield's Socialist Experiment

Article Abstract:

Sheffield, England is conducting an experiment in decentralized socialism. David Blunkett, Labour leader of the city council, is behind the experiment. The idea is to employ Labour councils as a focal point of resistance to national government policy. The Labour councils can also serve as campaign tools for espousing socialist ideas. Under Blunkett, Sheffield has not experienced increased economic development.

United Kingdom, Management, Laws, regulations and rules, National government, Federal government, Organization

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Splits in the Socialist Camp

Article Abstract:

Factions within France's Socialist Party are listed. They include the Mitterrandists; the Center for Socialist Studies, Research and Education; followers of Pierre Mavroy and Michel Rocard; and the Neo- Rocardians. Leadership of the groups and their alignment are considered.

France

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