The Spanish-American War was an important turning point in the history of both antagonists. Spain’s defeat decisively turned the nation’s attention away from its overseas colonial adventures and inward upon its domestic needs, a process that led to both a cultural and a literary renaissance and two decades of much-needed economic development in Spain.The victorious United States, on the other hand, emerged from the war a world power with far-flung overseas possessions and a new stake in international politics that would soon lead it to play a determining role in the affairs of Europe and the rest of the globe.