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November 15, 2024

Global | NGFS Phase V: less orderly transitions and greater chronic physical climate risks

The new release includes significant updates mainly focused on the chronic physical risk assessment, driven by a new damage function aligned with the latest research, resulting in greater projected output losses.

November 12, 2024

Türkiye | The impact of climate change on tourism demand in Türkiye

Tourism activities are highly dependent on weather conditions, and hence, vulnerable to the impact of climate change. Our analysis of Turkish tourism demand within the context of climate conditions points to possible changes in seasonality and quantity of tourism flows across provinces, depending on their tourism type.

November 5, 2024

Türkiye | Quarterly Debt Report. Third quarter 2024

The overall total FX position of the economy worsened in the third quarter of the year. Public sector’s short position declined whereas private sector’s long position deteriorated somewhat.

November 5, 2024

Mexico | Pemex contributes to a public spending above budget

The Historical Balance of Public Sector Borrowing Requirements (HBPSBR) was 49.3% of GDP at the end of the third quarter. We anticipate that this balance will be 50.8% by year-end.

November 4, 2024

Mexico | Regional Sectoral Outlook. Second Half 2024

The Mexican economy will grow at an annual rate of 1.2% by the end of 2024. Construction will close with a GDP growth of 10.1%, accumulated to the 2Q24, and will sustain the weak growth of the Mexican economy in 2024.

October 28, 2024

Spain | Consumption Outlook. October 2024

Private consumption growth will exceed 2023 levels (1.8%) in both 2024 (2.5%) and 2025 (2.1%), driven by positive underlying fundamentals.

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Our most recent publications

November 18, 2024

Spain | The economic effects of the DANA

Although it has been only a few days and we only have preliminary estimates, the data that we are receiving indicate that the economic effects of the DANA have been very significant at a local level.

November 18, 2024

Spain | Geopolitical risk as the leading threat to financial stability

A few days ago, Bank of Spain released its Financial Stability Report, one of its top publications. Coincidentally, this report came out on the same day Americans elected their new president.

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