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January 9, 2020

Colombia | Reports 2019 and Projects 2020

It is time to recapitulate what 2019 left us and what we should focus on in 2020. The year that has just ended left us in terms of the global economy great episodes of volatility marked by commercial issues but also by eternal political-economic novels such as Brexit.

December 30, 2019

Questions Left Unanswered in 2019

In The Godfather movies, you can never cease to be surprised at the feeling you get that when the main character knows more than you. That he is one step ahead. This is what Al Pacino makes quite clear when he tells his brother Fredo: “I know it was you” (who betrayed me.)

October 18, 2019

Colombia continues to recover with few external tailwinds

The Colombian economy will continue to consolidate its growth at a slow pace, in a context of strong external headwinds. Globally, our growth forecasts have declined for some of our trading partners due to a more negative external environment.

July 30, 2019

Employment vulnerability to the digital revolution: some stylized facts on five countries

We analyze the likelihood of job automation in a sample of emerging economies: Argentina, Colombia, Mexico, Peru and Turkey. The average risk of automation ranges between 54% and 64. The countries show similar patterns in different aspects, such as distinctions by gender, age and education levels.

July 12, 2019

Colombia | Keeping an eye on the job market

For several months, we have seen with concern a deterioration in the labor market that has been reflected in a higher unemployment rate, less job creation and/or a change in workers seeking employment, mainly.

July 4, 2019

Mexico | The Labor Market Is Slowing Down

Fewer formal jobs are currently being created in the country than in recent years —and that's worrying. The growth rate of formal employment positions had remained above 4% in recent years. However, it fell to 2.5% in May.

March 29, 2019

The recovery of the Spanish economy and the challenges ahead

After an unprecedented crisis, Spain has overtaken pre-crisis levels of income per capita due to a favorable combination of external and domestic factors. Although it is difficult to estimate their exact contribution, behind the current economic recovery are the effects of structural reforms, in labor and product markets, t…

March 4, 2019

Spain | Job creation continued in February in line with expectations

Social security registrations increased by 69,200 (2.9% compared to the end of February 2018), while unemployment practically stagnated (-5.2% compared to one year ago). When not taking seasonality into account, employment increased by 40,000 people and unemployment fell by 13,000; a rate of improvement in the labor market …