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The economic crisis has placed the corporatist framework in Spain under significant strain. Labour unrest has also intensified, shifting to the political arena and threatening to overwhelm existing institutional channels. This article evaluates the tendencies toward consensus and conflict in democratic Spain, examining the theoretical debate on the competitive reorientation of national models of corporatism in Southern Europe within the context of the Economic and Monetary Union (EMU). In addition, it examines the symptoms of erosion in the Spanish corporatist experience within a scenario of economic crisis. The article emphasizes the underlying continuity in the political exchange between government and social partners and concludes that, despite the deterioration of social dialogue, the mechanisms for the production of social pacts in Spain have not completely fractured, and there are possibilities for their reactivation
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