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June 18, 2018

G7, wounded in action

The US’ decision, just hours after the G7 summit, not to support its closing joint communiqué reaffirming the need for regulated, open multilateral global trade, may have come as a surprise to many, but it was not really surprising.

March 19, 2018

The paradoxical return of protectionism

Globalisation is very closely related with economic development. The periods of greatest dynamism in trade and GDP were the decades leading up to the WW I, those following WW II and the period between the mid-1980s and the onset of the crisis in 2009. This latter period was characterised by the prominent role played by emerging markets and technological improvements.

June 26, 2017

The enemies of trade

Globalisation, which is simply a process which favours greater exchange by overcoming geographical distances and administrative and cultural obstacles, is being called into question.

December 19, 2016

Tourism, insecurity and opportunity

The end of 2016 will bring new record figures for the Spanish tourism sector. This development is crucial for an economy that, after the crisis, needed to increase its exposure to external demand and develop labour-intensive sectors. What is the cause of this strong performance?

December 2, 2016

U.S. | Income disparity, technology and globalization

What are the forces behind the rise in wage inequality throughout the last three decades? Which policies can reverse/correct this path?