Publications

Spain is growing faster than the EU (around 3% in 2025) and has the lowest unemployment rate since 2008 (10.5%), but productivity growth is disappointing and still lags behind the EU. More investment (in physical, technological, and human capital) is needed for more productive, innovative, and sustainable growth.

This presentation analyzes recent developments in the global economy, as well as forecasts, with an emphasis on both the European and Spanish economies.

Upward revisions in growth forecasts for the Spanish economy have multiplied recently. The feared slowdown that was expected has not occurred.

This presentation reviews recent events related to the global economy, as well as forecasts focusing on Mexico, highlighting the most likely scenario, which is greater integration with the US.

The global economy faces a double-edged sword in the last quarter of 2025. On the one hand, risks are mounting linked to US economic policies, a less cooperative international environment, and a host of potential geo-economic and institutional shocks. On the other hand, it maintains greater resilience.

This presentation analyzes the global outlook (recent developments and forecasts), and focuses on the EU and Asia trade and capital flows, as well as the challenges both areas face arising from global changes and the reshaping of the world order.

The communication style of the new US administration—threatening and confusing in equal measure—is causing considerable uncertainty, which may have consequences on the future course of the global economy.