In the current global socio-economic context, and especially after the COVID-19 crisis, digitization and sustainability have become key elements of economic and social transformation, being particularly relevant to understand and analyze how both interact.
Energy transition, efficiency and decarbonization in Europe. REPowerEU
This presentation describes the state of the global decarbonization process, summarizes the impact of GHG emission reduction policies and focuses on Europe and the effect of the complex geopolitical scenario.
Global | How do digitalization and decarbonization efforts interact?
The actual socioeconomic context has reinforced and accelerated a number of global trends, in particular sustainability and digitalization, two of the most disruptive. The empirical study conducted by BBVA Research suggests that an inverted U-shaped relationship exists between digitalization and CO2 emissions.
Global | Digital outlook for 2022: an alphabet soup still in the making
NFTs, ETFs, AI, VR, Web3, CBDCs, BEPS, NGEU... 2022 brings an alphabet soup for a slew of digital aims and strategies that come full of promise. Whether they take off or not will depend on moving forward steadily, with a focus on asking the right questions at each step.
In 2015, 54% of the population had basic or advanced digital skills in Spain, compared to 57% in the EMU. Four years later, the figure reached 57%, one percentage point less than in the wider EMU. From 2019 to 2020, the figure in Spain rose to 60%—still far behind the 80% target set by the 2025 Digital Agenda.
Spain is among the eurozone countries with the lowest productivity and least investment in intangibles. In the future, it must make use of digitization and NGEU funds to increase intangible assets, particularly R&D and training of human capital — essential for driving productivity.
Spain | Impact of the digitization boost and intangible assets on productivity
Digitization has boosted productivity but the impact has been heterogeneous by country. Those with more intangible assets exhibit more sustainable growth. Spain should take advantage of the digital impulse and the NGEU funds to increase the capital in intangibles and to improve productivity levels.
China | All you need to know about the Central Bank Digital Currency e-CNY
We analyze the motivations of the PBoC to promote CBDC, how we define it and how it is going to operate. We also discuss some special characteristics of e-CNY and its potential risks on financial stability etc.