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October 21, 2024
As part of the long tradition of calling economics the “dismal” science, I would like to review some of the risk scenarios facing the Spanish economy, now that BBVA Research has raised its GDP growth forecasts for 2024 and 2025 to 2.9% and 2.4%, respectively.
August 14, 2024
Europe and the U.S. are considering how to increase the weight of manufacturing in the production structure. Since the beginning of the pandemic, fiscal plans and tariff policies have been announced to boost or protect certain sectors.
July 1, 2024
Spain has managed to stay out of the Excessive Deficit Procedure and has no significant economic imbalances, according to the recent European Semester assessment. However, the Commission still identifies important challenges regarding fiscal consolidation and improving future economic performance for sustained growth.
June 7, 2024
The Letta report provides a comprehensive assessment of the European Union's single market and contains a set of policy proposals for its future development. They have the potential to impact the European strategic agenda for the next few years, particularly to strengthen the green transition with targeted recommendations.
March 11, 2024
The Spanish economy is faring better than anyone expected a few months ago. And despite high interest rates, held back by a European economy that has been stagnant and amid heightened uncertainty surrounding economic policy. With all this, GDP growth in Spain (2.1%) still looks set to outstrip the overall eurozone (0.7%).
July 6, 2023
Retaking the path of convergence toward the most advanced economies will require a great deal of success in the investment of the European NGEU funds and in the reforms, and also time, with results that will be measurable in the medium and long term.
July 3, 2023
As is often the case in economics, there are multiple dimensions in which competitiveness can be measured. Some of them are included in the scoreboard of the European Commission's macroeconomic imbalances procedure. The latest available data offer both highs and lows for the Spanish economy.
June 28, 2023
After the pandemic and the end of the construction of the third pulp mill, the Uruguayan economy faces a couple of years of moderate growth. However, in the long term, recent improvements in the sovereign risk rating reinforce the institutional quality and strength of the country's macroeconomic fundamentals.
March 2, 2023
In recent years, public policies to foster decarbonization have become cornerstones of the political agenda in the US and Europe, with the aim not only of achieving decarbonization but also of ensuring energy security and driving short- and long-term economic growth.
February 21, 2023
Economic progress and welfare depend in the long run on innovation, productivity, and employment. The digital revolution and the energy transition are an opportunity for Spanish society, but also a considerable challenge.
