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June 18, 2018

G7, wounded in action

The US’ decision, just hours after the G7 summit, not to support its closing joint communiqué reaffirming the need for regulated, open multilateral global trade, may have come as a surprise to many, but it was not really surprising.

June 14, 2018

World Trade at a Crossroads

USA, EU and China are the main nodes of the world trade network. 1980-2008 was the most recent period of high dynamism of trade boosted by EM growth, technological and logistic advances and, last but not least, enhanced multilateralism approach. The globalization challenge is to reach a more even distribution of its benefit…

March 19, 2018

The paradoxical return of protectionism

Globalisation is very closely related with economic development. The periods of greatest dynamism in trade and GDP were the decades leading up to the WW I, those following WW II and the period between the mid-1980s and the onset of the crisis in 2009. This latter period was characterised by the prominent role played by emer…

July 24, 2017

Perspectivas macroeconómicas y retos del mercado de trabajo

Desde 2013 se ha producido un intenso proceso de creación de empleo. Tras destruir un 17,1% de la afiliación a la Seguridad Social desde Julio de 2007 a Febrero de 2013, se ha recuperado ya el 68,3% de la afiliación destruida (Junio 2017).

July 11, 2017

The threat to globalization and technological change: impacts

After widespread benefits, especially and unquestionably for EM’s, support for globalization is retreating. Digital technologies and robots are seen as a threat to employment, though probably this is not the case. The backslash has been manifested in advanced economies through populism, which has complex roots.

June 26, 2017

The enemies of trade

Globalisation, which is simply a process which favours greater exchange by overcoming geographical distances and administrative and cultural obstacles, is being called into question.

December 19, 2016

Tourism, insecurity and opportunity

The end of 2016 will bring new record figures for the Spanish tourism sector. This development is crucial for an economy that, after the crisis, needed to increase its exposure to external demand and develop labour-intensive sectors. What is the cause of this strong performance?

December 2, 2016

U.S. | Income disparity, technology and globalization

What are the forces behind the rise in wage inequality throughout the last three decades? Which policies can reverse/correct this path?
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