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May 30, 2022
Spain | Pensions: insufficient reforms and challenges still to be overcome
This article addresses a number of recent, ongoing changes to the pension system in Spain, notably the revaluation of pensions based on the CPI, the introduction of the Intergenerational Equity Mechanism, and occupational and individual pension plans. We also discuss the key challenges that lie ahead.
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June 28, 2021
Spain | Recovery plan: the assessment does not end here
The plan is sufficient and ambitious, it contains a proper diagnosis and assigns funds in line with NGEU objectives. It also has omissions and weaknesses. The vagueness about reforms is a particular cause for concern.
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November 30, 2020
Spain | Outlook of the country's economy for 2021
Current global circumstances will enable the recovery of the Spanish economy to continue in 2021 and will mean that the speed of this recovery depends almost entirely on how successfully national public policies and the private sector manage their way out of the crisis.
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February 27, 2020
Fiscal Consolidation: A Demanding Challenge
Predictably, Spain closed 2019 with a public deficit that was closer to 2.5% of GDP than to 2%, meaning little change in comparison with 2018. This almost complete lack of improvement means that fiscal consolidation efforts will be carried over to this year.
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December 2, 2019
Latin America: Lost in its Own Labyrinth
A wave of protests has shaken Latin America in recent months. The increase in social unrest has led to mass protests in countries such as Chile, Colombia, Ecuador and Bolivia. There are also worries that this could spread to other parts of the region.
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June 11, 2018
Regulatory reform in the USA: From words to deeds
Since Donald Trump took office in 2017, the United States has embarked on a process of easing and recalibration of its financial regulation. While this process will not entail a dismantling of its regulatory framework, it is certainly the largest overhaul made since the last financial crisis.
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March 22, 2016
Los efectos de la flexibilidad salarial sobre el crecimiento y el empleo
En este trabajo se estima el impacto macroeconómico de la mayor flexibilidad salarial e interna en las empresas favorecida por los distintos cambios en la regulación laboral aprobados a partir de 2012 en España.
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