The Moncloa Pacts ( es, Pactos de la Moncloa) were economic and political agreements to address inflation and unemployment during the

Spanish transition to democracy Spanish might refer to: * Items from or related to Spain: **Spaniards are a nation and ethnic group indigenous to Spain **Spanish language, spoken in Spain and many Latin American countries **Spanish cuisine Other places * Spanish, Ontario, Cana ...

in the late 1970s. These were attended by major labour unions such as the UGT and the CNT.

Economic problems

There was a lot of economic issues which confluenced into a large crisis that the

Government of Spain gl, Goberno de España eu, Espainiako Gobernua , image = , caption = Logo of the Government of Spain , headerstyle = background-color: #efefef , label1 = Role , data1 = Executive power , label2 = Established , da ...

had to deal with after its innaguration. The petrol crisis of 1973 took some time to reach

Spain , image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , i ...

, the rise of unemployment which was caused by emigration. The death of

Franco Franco may refer to: Name * Franco (name) * Francisco Franco (1892–1975), Spanish general and dictator of Spain from 1939 to 1975 * Franco Luambo (1938–1989), Congolese musician, the "Grand Maître" Prefix * Franco, a prefix used when ref ...

saw a slow return. There was also

capital flight Capital flight, in economics, occurs when assets or money rapidly flow out of a country, due to an event of economic consequence or as the result of a political event such as regime change or economic globalization. Such events could be an increas ...

since the last years of

's dictatorship. Businesses were used to the

corporatism Corporatism is a collectivist political ideology which advocates the organization of society by corporate groups, such as agricultural, labour, military, business, scientific, or guild associations, on the basis of their common interests. The ...

and interventionism of Franco's regime. The economic policy of the

transition period The Brexit withdrawal agreement, officially titled Agreement on the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community, is a treaty between the European Uni ...

as well as the legalization of

syndicates A syndicate is a self-organizing group of individuals, companies, corporations or entities formed to transact some specific business, to pursue or promote a shared interest. Etymology The word ''syndicate'' comes from the French word ''syndicat ...

which vindicated the working class and sometimes took on a confrontational and militant stance. This confronted businesses with a new situation.

Previous conversations

Before the pacts

Adolfo Suárez Adolfo Suárez González, 1st Duke of Suárez (; 25 September 1932 – 23 March 2014) was a Spanish lawyer and politician. Suárez was Spain's first democratically elected prime minister since the Second Spanish Republic and a key figure in th ...

had engaged with

Felipe González Felipe González Márquez (; born 5 March 1942) is a Spanish lawyer, professor, and politician, who was the Secretary-General of the Spanish Socialist Workers' Party (PSOE) from 1974 to 1997, and the 3rd Prime Minister of Spain since the ...

and

Santiago Carrillo Santiago José Carrillo Solares (18 January 1915 – 18 September 2012) was a Spanish politician who served as General Secretary of the Communist Party of Spain (main), Communist Party of Spain (PCE) from 1960 to 1982. His role in the Paracu ...

. Their goal was to establish a more stable government since they lacked a majority in the parliament. In addition to that the general courts had yet to be constituent, this was a particular point that of the opposition and a portion of Suarez's own government, the Union of the Democratic Centre.

Enrique Fuentes Quintana Enrique Fuentes Quintana (1924 – 2007) was a Spanish economist, academic and politician, who served as deputy prime minister of Spain between 1977 and 1979 in the first cabinet after the Francoist State. Early life and education Quintana ...

at Suárez's behest engaged in talks with the newly legalized syndicates and unions such as

General Union of Workers A general officer is an officer of high rank in the armies, and in some nations' air forces, space forces, and marines or naval infantry. In some usages the term "general officer" refers to a rank above colonel."general, adj. and n.". OED On ...

and

Workers' Commissions The Workers' Commissions ( es, Comisiones Obreras, CCOO) since the 1970s has become the largest trade union in Spain. It has more than one million members, and is the most successful union in labor elections, competing with the Unión General de ...

(''CC.OO''). This was done to solve the social conflict. The

(''UGT'') and the CNT originally rejected the proposals. However the UGT and the CC.OO ended up ratifying the pact. The CNT was the only one who wholly rejected it.

References

Bibliography

* {{Portal bar, Economics, Organized labor, Politics, Spain 1977 in Spain Spanish transition to democracy Legal history of Spain Labor in Spain 1977 in labor relations

Economic problems

Previous conversations

See also

References

Bibliography