María Moraga Fernández
María Moraga Fernández

María Moraga has been an economist with the BBVA Research global economic scenarios unit since June 2018. Before this she collaborated on research projects with the Instituto Yucateco de Emprendedores (Mexico) and the Universidad de Castilla-La Mancha’s Faculty of Law and Social Sciences Department of Economics.

She graduated in Administration and Company Management from the Universidad de Castilla-La Mancha, specialising in Economics and Quantitative Methods. Part of her studies were spent at the École de Management de Normandie (France) and she was awarded the Extraordinary End of Studies Prize in 2016. She also has a double Masters in Development and Economic Growth from the Universidad Carlos III in Madrid and Lund University (Sweden).

Latest publications

Global slowdown, increased global financial volatility and worsening commodity prospects will limit growth in the region, in addition to idiosyncratic factors. After growing 1.6% in 2018, the region will expand 2.1% in 2019 and 2.4% in 2020.
The EZ growth slowed more than expected in 2H18 as easing global support was exacerbated by one-off factors. This along with increasing uncertainty led us to revise downwards growth to 1.4% in 2019-20, but domestic factors remain solid underpinned by lower oil prices and accommodative policies. Risks are tilted to the downside, mostly related to political issues
The global environment has worsened because of economic and financial deterioration. It partly responds to transitory factors and uncertainty about growth (protectionism, financial conditions, Brexit) that will disappear throughout the year. However, we have revised the global growth forecast downwards, especially in the developed economies.