Publications

The increase in military spending in Spain to 2% of GDP will boost the economy and technological sectors through direct and indirect effects. However, the impact will be unequal due to the high dependence on foreign inputs and the strong territorial concentration of the industry.

The objective of the work is to analyze the historical evolution of Spanish exports, their composition and characteristics, in addition to Spain's participation in global value chains. A strategy is also identified to improve the complexity of foreign sales.

In this Presentation, we explain how geopolitics is becoming a key economic driver in the change of global value chains and the opportunities this brings to Mexican manufacturing production as well as exploring the regional investment opportunities in the country.

In recent months, inflation has shown signs of moderation in most countries, both developed and emerging, but there is still a ways to go before it reaches pre-pandemic levels.

The COVID-19 crisis has severely disrupted value chains. Not only during the onset, but also in recent months. In light of this, BBVA Research has significantly revised growth forecasts downward.

In the past few months the focus of debate on the global outlook has shifted from the economic impact of the pandemic to how value-chain bottlenecks could affect production and inflation.

COVID-19 hit international trade in 2020, paralyzing activity in several sectors and disrupting global supply chains. Demand plummeted and trade flows were severely damaged. The upward trend in the export of Spanish goods that had been ongoing since 2010 was also interrupted.