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    BBVA Research Publications

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    March 4, 2024

    Spain | Public sector size and growth

    The size of Spain's public sector and its impact on economic growth is a controversial issue, with opposing views and biases that can affect the interpretation of the evidence.

    January 31, 2024

    Global | Social welfare and government size

    In this Working Paper, we analyze the effect of government size on social welfare and GDP per capita growth for the sample of 36 OECD countries in the last six decades.

    January 15, 2024

    Spain | New risks in the wake of the pension reform

    A few months ago, the OECD warned that the recent pension reform was unlikely to prove sufficient to fully balance the system. Rather, it said it would increase expenditure more than income, thereby requiring the government to take further steps.

    September 15, 2022

    Financial Inclusion and Digitalization: Dynamics in LATAM

    Both the processes of financial inclusion and digitalization have great potential for dissemination in LATAM, both of which are key to promoting well-being and productivity in the region.

    November 19, 2021

    Global | Human capital, digital disruption and NGEU

    Equal educational opportunity and the development of human capital are two of the main keys to economic progress and social welfare — if not the most important. In the face of the digital disruption that is underway, knowledge, skills and competences of the population are also essential.

    October 6, 2021

    Spain | Constraints to growth: the role of entrepreneurs is key

    Speaking at South Summit 2021, held in Madrid from October 5 to 7, Jorge Sicilia argued that innovation and entrepreneurship are key to healthy economic growth and enhanced well-being.