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March 18, 2020
Between 2013 and 2018, the disparities in GDP per capita between the Autonomous Communities have barely reduced. This is unusual given that regional convergence in Spain has always appeared to be cyclical in nature.
January 27, 2020
Labor productivity in Spain is counter-cyclical, unlike in the majority of developed economies. This phenomenon is mainly due to the poor functioning of the labor market. There is an urgent need to adopt reforms to boost sustained productivity growth
November 22, 2019
The rise of the New Digital Economy is altering the dynamics of economic growth. Using cloud computing services fosters productivity and innovation by providing flexibility and scalability. It is a shift from owning ICT assets to purchasing ICT services.
September 18, 2019
In August, 36.6 million new formal jobs were registered according to the Mexican Social Security Institute, with this figure a total of 20.4 million insured workers were registered. From January to August 342 thousand new jobs were created, 46.9% less compared to the same period of the previous year.
June 19, 2019
In April 2019, formal employment reached a figure of 20.38 million, representing an annual growth rate of 2.4%. This is the lowest rate since 2010 in the aftermath of the last recession and confirms the decreasing trend of formal job creation since May 2018.
November 30, 2018
The question with which I begin this column has two messages at its core: trust in Colombia exists at the international and local level and we must maintain that in the coming years. Maintaining trust is an ongoing process and things need to be done every day to achieve it.
November 2, 2018
About the recently introduced funding law in Congress, many healthy debates have arisen about the role it could play in the recovery of the economy. The articles have some things that could help, but it is vital to emphasise that the right path to take is to improve productivity beyond the tax issue.
July 16, 2018
The Spanish economy is on a clear expansionary path. Activity and employment are recovering, but low levels of productivity persist, and this depresses competitiveness and long-term growth potential while keeping wages low. And yet this is nothing new.
July 2, 2018
The new government must solidify its ongoing economic recovery by laying the foundations for better economic performance in the medium term. Growth will no longer depend merely on capital investments and population growth. 48% of the people now working under the table will need to be brought into the formal economy and productivity will have to be increased.
March 29, 2018
Factors that pre-date the crisis such as globalization, innovation, demographics and productivity explain bulk of persistent undershooting of the inflation target. Although there is a more tenuous relationship between labor market slack and wages, some further tightening could help lift prices above the 2% target in the medium-run.
