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Franco
Michael Streeter
Haus Publishing, 2025

A narrative of the life of Francisco Franco, Spanish general and dictator.

Growing up in the wake of the Spanish military’s shattering defeat at the hands of the United States in 1898 over Cuba and having survived a bullet to the stomach while serving his country in Morocco, Francisco Franco’s fame and notoriety were eventually guaranteed by his ruthless pursuit of victory for the Nationalists in the Spanish Civil War. 

Franco played a major role on the world stage until his death in 1975. At once intensely sentimental and affecting cool indifference at times of bad news, he emphasized the need to obey orders, the importance of individual bravery, absolute loyalty to the Fatherland, and the crucial role of the army. Franco was variously courted by the liberal democracies of Britain and France, the Fascist alliance of Hitler and Mussolini, and then by anti-communist administrations in Washington, but the memory of his successful policies, leading to rapid growth during a time of economic depression, is tempered by his government’s extreme repression of political opponents and perpetration of mass violence during the White Terror.

In this updated edition of Franco, featuring a new introduction by the author, Michael Streeter explores the Generalissimo’s legacy as the subject of a cult of personality in one of Europe’s longest-lasting modern dictatorships and considers his genesis, his successes (decades of relative stability and prosperity during a period of great European conflict), and the terrible cost at which they came.

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Franco
A Personal and Political Biography
Stanley G. Payne and Jesús Palacios
University of Wisconsin Press, 2018
General Francisco Franco ruled Spain for nearly forty years, as one of the most powerful and controversial leaders in that nation's long history. He has been the subject of many biographies, several of them more than a thousand pages in length, but all the preceding works have tended toward one extreme of interpretation or the other. This is the first comprehensive scholarly biography of Franco in English that is objective and balanced in its coverage, treating all three major aspects of his life—personal, military, and political. The coauthors, both renowned historians of Spain, present a deeply researched account that has made extensive use of the Franco Archive (long inaccessible to historians). They have also conducted in-depth interviews with his only daughter to explain better his family background, personal life, and marital environment, as well as his military and political career.
            Franco: A Personal and Political Biography depicts his early life, explains his career and rise to prominence as an army officer who became Europe's youngest interwar brigadier general in 1926, and then discusses his role in the affairs of the troubled Second Spanish Republic (1931–36). Stanley G. Payne and Jesús Palacios examine in detail how Franco became dictator and how his leadership led to victory in the Spanish Civil War that consolidated his regime. They also explore Franco's role in the great repression that accompanied the Civil War—resulting in tens of thousands of executions—and examine at length his controversial role in World War II. This masterful biography highlights Franco's metamorphoses and adaptations to retain power as politics, culture, and economics shifted in the four decades of his dictatorship.

Best Books for General Audiences, selected by the American Association of School Librarians

Best Books for General Audiences, selected by the Public Library Reviewers

“An important book, destined to elicit a heated academic debate surrounding the man who ruled Spain for forty years and whose figure still casts a long shadow four decades after his death.”—Journal of Modern History
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Regulating Finance
The Political Economy of Spanish Financial Policy from Franco to Democracy
Arvid John Lukauskas
University of Michigan Press, 1997
In recent years many countries have liberalized their financial markets as a central element of their efforts to reform their economies and increase their economic growth rates. Financial deregulation leads to a fundamental restructuring of a country's economy and polity, as market forces, not state officials, begin to determine who obtains financial resources and at what cost. A critical question is whether countries can undertake a program of liberalization while undergoing democratic transformation. In this study, Arvid John Lukauskas explores why governments tightly regulate their country's financial system and why they choose to liberalize it. Using a rational choice approach, Lukauskas contends that public officials provide the dynamic behind the evolution of financial regulation as they seek to retain power and generate public revenue. Lukauskas argues that the nature of a country's political institutions shape the incentives facing politicians and influence whether they seek to regulate closely or liberalize financial markets in the pursuit of their goals. Lukauskas then tests his ideas in an in-depth case study of the evolution of financial policy in Spain, a country that transformed its financial system into a mostly market-based system after years of heavy state intervention, while undergoing a transformation from a dictatorship to a democracy. Contrary to the conventional wisdom that leaders will not undertake structural change during periods of democratization, he finds that leaders in Spain undertook financial liberalization despite opposition from powerful groups, because democratization gave Spanish leaders a strong incentive to improve economic performance through financial reform in order to compete for votes. Regulating Finance will be of interest to political scientists and economists interested in studying financial markets and the effects of regime change, including democratization, on economic reform.
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