Bourbon Reforms
Economic recovery was noticeable, and government efficiency was greatly improved at the higher levels during Charles III's reign. The Bourbon reforms, however, resulted in no basic changes in the pattern of property holding. The nature of bourgeois class consciousness in Aragon and Castile hindered the creation of a middle-class movement. At the instance of liberal thinkers including Campomanes, various groups known as "Economic Societies of friends of the Country" were formed to promote economic development, new advances in the sciences, and Enlightenment philosophy (see Sociedad Económica de los Amigos del País). However, despite the development of a national bureaucracy in Madrid, the reform movement could not be sustained without the patronage of Charles III, and it did not survive him.
Read more about this topic: Economic History Of Spain
Famous quotes containing the word reforms:
“One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.”
—William Howard Taft (1857–1930)