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December 23, 2024

Spain | Employment and productivity after the pandemic

The COVID-19 pandemic triggered an unprecedented disruption in economic activity in Spain. Although the recovery has returned to previous patterns in many respects, a detailed analysis of Spain's GDP and components reveals a more complex picture.

November 4, 2024

Global | Artificial intelligence: also environmentally disruptive

AI disruption extends to the realm of climate change, offering what should be promising solutions, but also adding pressure on natural resources.

September 23, 2024

Europe | Draghi and Letta unveil plans to strengthen European productivity

After a year of work, Mario Draghi has just presented the report commissioned by Ursula von der Leyen to kick-start EU productivity and competitiveness. This joins an earlier, though equally essential, report by Enrico Letta.

August 19, 2024

Spain | Two visions of the economic recovery

Since the beginning of the war in Ukraine, Spain has grown more than the EU, but the data offers an alternate view when, instead of comparing the aggregate performance of activity and employment, we focus on per capita growth.

August 14, 2024

Spain | Manufacturing jobs won't come back

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 29, 2024

Spain | Construction is facing a productivity problem

Since 2013, labor productivity in the construction sector, measured as GVA per hour worked in real terms, has fallen by more than 20%. In comparison, the growth in the same indicator for all sectors is 5%.

July 15, 2024

Spain | The challenge of productivity and full employment

Spain faces two problems hindering its per capita income convergence toward the EU level: unemployment and low productivity growth.

July 5, 2024

Spain | How to reduce working hours

Reducing the work week is laudable, but how we go about it is key to achieving the desired effects. Collective bargaining is the ideal instrument to adapt the needs of companies and workers to each business and sectoral reality, in an effective and flexible manner.

May 31, 2024

Spain | Change of production model, at your service

Since the end of 2019 through the first quarter of 2024, the Gross Value Added (GVA) of the services sector has increased by 6.3%, compared to 3.7% for the total economy. In addition, the number of hours worked increased by more than 2%, compared to 0.9% for all sectors.