Sectoral and Digital Economy Analysis & Industrial Organization
Sectoral and Digital Economy Analysis & Industrial Organization latest publications
DiGiX is a composite index that measures the degree of digitization in 99 countries around the world. It classifies information into three broad categories, supply conditions, demand conditions, and institutional environment.
The New Digital Economy (mobile internet and cloud use) has the potential to transform the way in which SMEs combine capital and labor to obtain improvements in productivity levels, so that size could no longer be a limitation under this scenario.
The transformation toward the new digital economy, characterized by mobile Internet access and the use of the cloud, has resulted in lower investment in ICT capital goods and increased access to this technology through pay-to-use services.
We estimate that in 2020 mining production will perform better, giving an important support to GDP growth. We also anticipate that mining investment will exhibit a more moderate increase due to the completion of some projects (mainly copper) already underway.
Libra, Facebook's proposed global digital currency, has disappointed, with several partners abandoning the initiative and severe rejection by countless authorities on both sides of the Atlantic.
The Digitization Index (DiGiX) assesses the infrastructure, the level of adoption, and the institutional and market conditions that allow a country or region to take full advantage of information and communication technologies. It includes 17 Spanish regions and 99 countries, with comparable information available for 2019.
We estimate that retail sales' growth rate in 2020 will be similar to that of this year. Looking forward, factors such as the demographic boon, higher household purchasing power and the continued growth of online shopping, suggest that retail sales have space to continue growing.
The European Commission is set to start the new year with a lot of work ahead of it, particularly in its battle to promote and level out the rules of the game in the digital sector.