This publication provides an up-to-date assessment of the political and economic issues and is valuable reading for anyone wishing to understand contemporary Spain and Portugal. Following decades of relative isolation under authoritarian regimes, the success of the processes of democratic transition in both countries paved the way for full membership in the European Community in 1986. Drawing on research by established scholars, offers an original series of analyses of the development of Iberian politics, sociology and economics since the accession to the European Union.