Digital Economy latest publications
The digitization of the economy is an essential ingredient for sustainable growth and social welfare. A good digital transformation plan requires a diagnosis of the starting point. The Digitalization Index (DiGiX) is a tool that allows such a diagnosis for the Spanish regions.
Digital money has been around for some time: the deposits we hold in banks, and in turn the reserves banks hold in central banks, consist of money that for decades has been registered and operated digitally. However, some concern has now arisen about the so-called "digital currencies".
The European Commission has launched its Digital Compass, a document with the key digital goals of its plan for a successful digital transformation for Europe by 2030. The Commission has released this plan along with clear milestones and a tracking system.
Research, development and innovation (R+D+I) are undoubtedly pending issues in Spain. Poor performance in this area has severe consequences for our economy. For example, the fact that there has been no growth in labor productivity in recent years and the resulting impact on wages.
This report evaluates the state of R&D in Spain and anaylzes the factors that hinder innovation. The implementation of the necessary reforms is essential for Spain to achieve its R&D objectives and increase its potential growth.
COVID-19 dealt a heavy blow that moved us firmly into the digital age. Thus, in 2021 it will be crucial to shape and strengthen the agreements and institutions to thrive in such a landscape. And there are various obstacles to overcome in that regard.
December 16, 2020
DiGiX: Digital transformation index for the Spanish Regions as a starting point for NGEU
The update of the digitization index for 2020, presents a baseline for economic policy makers in charge of designing digital transformation plans for the economy, within the NGEU framework. It indicates innovation and productivity aspects to be promoted as well as the ones that are lagging behind to be supported.
COVID-19 is having serious economic consequences in Spain, in terms of production and employment. Female employment is being affected somewhat more negatively than male employment. This result is conditioned by multiple factors, including the educational level and economic activity of the worker's job.