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The biggest economic success story of the last century is that of the so-called Asian tigers: Taiwan, South Korea, Singapore and Hong Kong. These countries managed to become advanced economies in a short period of time.
On December 16, Mexican President Andrés Manuel López Obrador proposed an initiative to reform the Aviation Law that would authorize foreign airlines and parastatals to operate in Mexican territory.
Mexico consolidates as the second country that receives the most remittances, it will surpass China by more than 7 billion dollars, which is in third position in 2022. Despite the adverse economic conditions, the World Bank forecasts that world…
The European Union is on track to close 2022 with consumption below previous years and healthy reserves. However, a possible return to normal temperatures, China's economic recovery and, concerns about Russia supply and nuclear generation in Fr…
This note analyzes the CO2 footprint of households in 10 European economies, adding to direct emissions their indirect ones through input-output analysis and detailing their structure by product. Thus, the analysis makes it possible to describe…
Türkiye is integrated along the GVCs with strong backward and forward linkages, while searching for new opportunities in international trade. We devise an export diversification strategy to detect products and sectors that could be attained with Türkiye’s know-how and provide higher value added in trade.
Mexico would face challenges on several fronts in the face of a massive arrival of production from Asia through Nearshoring. The most relevant challenge would be faced by the National Energy System, which would experience a growing and accelerated demand for energy by electricity-intensive industries.
Agency’s ratings have remained stable or changes have been positive in Advanced Economies (AE), despite the negative impact of the war in Ukraine and the monetary policy tightening. On the contrary, rating changes have been mostly negative fo…
BBVA Research presented at NBER Fall 2022 in the conference Innovative Data in Household Finance: Opportunities and Challenges.
Remittances have accumulated a 30-month consecutive upward streak, since May 2020. Despite their dynamism, the inflation in basic basket products (+8.4% in October 2022) and the strength of the Mexican Peso against the US dollar have stagnated …
October data points to continued moderation in both headline and core inflation in the United States, while Europe sees no respite. Meanwhile, supply bottlenecks continue to ease, more meaningfully for the US as compared to the Euro Area
We expect the trade balance to show lower deficits or even surpluses in some quarters of next year under a scenario of a significant slowdown of global economic growth. Moreover, nearshoring and relocation of global supply chains will continue supporting FDI flows into Mexico in the medium and long run.
