Global | Output-side GHG Emission Intensity: A consistent international indicator
This Working Paper presents the Output-side greenhouse gas Emission Intensity indicator (OEI), the first consistent and internationally-comparable country-indicator of the GHG emission intensity from a production-perspective; that is, territorial GHG emitted per unit of goods and services produced in a given year.
Despite the drop in overall consumption by the pandemic in 2020, private consumption gradually recovered from its low in April, in part due to changes in consumer habits in a heterogeneous national recovery. In addition, a gradual improvement in consumption is expected by 2021.
China | EU-China Comprehensive Agreement on Investment: a game-changer to superpower game
EU and China announced the accomplishment of a long-awaited EU-China Comprehensive Agreement on Investment (EU-China CAI) on December 30 2020, in a move to open up more investment opportunities between the two economies.
There are expectations of a gradual recovery, however, if we seek an accelerated recovery in 2021, a series of strategies must be taken, which will manage to strengthen biosafety measures, labor market conditions and the confidence of the population regarding the measures taken. by the government.
China | 2021 Outlook: Better settle in for a respite
Better settle in after a long haul. After experiencing over-deleveraging and economic slowdown in 2017, China-US trade war since 2018, 2019 African Swine Flu and this year’s most unprecedented coronavirus pandemic flare-up and the arduous work of containing it, Chinese economy might have a previous respite in 2021.
China | Understanding the 14th Five-Year Plan and the 2035 long-term development target
The Fifth Plenum of 19th Chinese Communist Party’s Central Committee was held in Beijing during October 26-29, in which the outline of the 14th Five-Year Plan for 2021-2025 has been reviewed and approved. In addition, the meeting also discussed the long-term economic and social development target to be accomplished by 2035.
The Spanish economy could contract by 11.5% in 2020 and grow by 6.0% in 2021. The fall in GDP exceeded 20% in the first half and it is estimated that the recovery in the third quarter would have been 14% t / t. In any case, a significant slowdown is expected during the last part of 2020.
The latest August manufacturing Purchasing Managers' Index (PMI) came at 51, slightly edging down from 51.1 in July, but remained in the expansionary territory. Caixin China PMI also improved significantly in August, indicating continuing recovery of manufacturing activities.