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Those readers with some understanding of how the world economy has radically changed since the Industrial Revolution will probably find that a great deal of their information will most likely be based on how the leading economies performed during the process of change. In the tightening network of global economic interdependence it can also be important to be aware of the steps taken by smaller and initially less successful nations as they moved toward modernization, even when their arrival at full industrial transformation has been somewhat late. book that was first presented by historians meeting to discuss the structural transformation of the Spanish economy during the past two centuries. The approach is twofold, first along lines of major economic sectors and then according to major regions.