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December 23, 2024

Mexico | Minimum Wage Reform: Progress or Setback?

The Senate of the Republic approved a resolution mandating that minimum wages be adjusted annually, at least in line with inflation, to prevent the loss of purchasing power and benefit low-income workers.

March 6, 2024

Spain Economic Outlook. March 2024

GDP growth in Spain for 2024 is revised upwards from 1.5 % to 2.1 %. In 2025, the advance would be reduced by 0.5 pp with respect to the previous scenario, to 2.0 %. The need to initiate the adjustment in public accounts and the greater weakness expected in the Eurozone economy explain the deterioration in the outlook.

November 30, 2023

Spain Economic Outlook. November 2023

Spain's GDP growth forecast is maintained for 2023 (2.4%), revised downwards to 1.5% in 2024 and is expected to accelerate in 2025 (2.5%). The growth bias is negative due to the geopolitical context and uncertainty in EMU activity and economic policy measures.

February 18, 2021

Mexico | Cyclical & structural factors explain a worse relative performance of the economy

Timid and less timely countercyclical policies, structural lags and problems of uncertainty for investment are behind the greater decline and the prospects for a slower recovery expected for Mexico.

December 4, 2020

Spain | The Stabilizing Effects of Economic Policies in Times of COVID-19

In this Working Paper we analyze the stabilizing role that economic policies have played during the current COVID-19 crisis in Spain.

November 3, 2020

Global | The economy is at the mercy of the pandemic

The pandemic has been the deciding factor in the performance of the global economy throughout the year, and will certainly remain so in the coming quarters.

April 6, 2020

The Macroeconomic Impact of COVID-19

We are faced with a pandemic whose economic impact will likely cause the biggest drop in global GDP since the end of the Second World War. The uncertainties are enormous.

February 10, 2020

The risk of sargassum to the economy and tourism of Quintana Roo and Mexico

An analysis of economic variables and through Big Data is made to quantify the effects of sargassum in the tourist activity of Quintana Roo in 2019. The results do not find solid evidence in this regard, either because it was not a relevant factor or by the success of mitigation actions.

October 16, 2019

Uncertainty, risks and downside bias

It has become fairly commonplace to talk about the high uncertainty of the global economic scenario, about growth prospects that, whatever they may be, are generally being revised downward or at risk of default biased in that direction.

September 9, 2019

The Tax Burden in Spain: Too High or Too Low?

One of the most hotly debated political issues during the last elections was the margin that Spain has for raising and lowering taxes.