<sod>Like most Civil Wars, Spain's ravaged the Spanish economy<ref>{{cite journal|last1=Collier|first1=Paul|title=On the economic consequences of civil war|journal=Oxford Economic Papers 51|date=1999|pages=168-183|accessdate=16 March 2016}}</ref>. Infrastructure had been damaged, workers killed, and daily business severely hampered. For more than a decade after Franco's victory, the devastated economy recovered very slowly. Franco initially pursued a policy of [[autarky]], cutting off almost all international trade. The policy had devastating effects, and the economy stagnated. Only black marketeers could enjoy an evident affluence.<eod>
<sod>Like most Civil Wars, Spain's ravaged the Spanish economy.<ref>{{cite journal|last1=Collier|first1=Paul|title=On the economic consequences of civil war|journal=Oxford Economic Papers 51|date=1999|pages=168–183|accessdate=16 March 2016}}</ref> Infrastructure had been damaged, workers killed, and daily business severely hampered. For more than a decade after Franco's victory, the devastated economy recovered very slowly. Franco initially pursued a policy of [[autarky]], cutting off almost all international trade. The policy had devastating effects, and the economy stagnated. Only black marketeers could enjoy an evident affluence.<eod>