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Synthetic fuels in Spain, 1942–66: the failure of Franco's autarkic dream

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San Román López, Elena and Sudriá, Carles (2003) Synthetic fuels in Spain, 1942–66: the failure of Franco's autarkic dream. Business History, 45 (4). pp. 73-88. ISSN 0007-6791

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Official URL: https://doi.org/10.1080/00076790312331270229



Abstract

This article studies the production of synthetic fuels in Spain under the dictatorship of General Franco. The Spanish synthetic fuels experiment was carried out by a state-owned firm which was endowed with huge financial and commercial privileges. The technological support for the project was to come from the German firm I.G. Farben. After the Nazi defeat, it suffered cutbacks and delays. The factory only reached normal levels of production in 1957, when the restrictions which had justified the project had disappeared. This study contends that the coincidence of state ownership and the absence of democratic controls may encourage economic adventurism and have serious consequences for a country's economic development.


Item Type:Article
Uncontrolled Keywords:Industrial history; Industrial production; State owned enterprise; Twentieth century.
Subjects:Social sciences > Economics > Industrial organization
ID Code:59651
Deposited On:18 Mar 2020 09:46
Last Modified:18 Mar 2020 11:12

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