Has Spain Turned the Corner?

After almost two years of doom and gloom, the Spanish government has been trumpeting, perhaps rather too loudly, some good news on the economic front: The economy shrank by ‘only’ 0.1% in the second quarter over the first quarter. Exports continue to boom. The number of tourists this year[...]

Is China becoming a ‘normal’ oil player in Africa?

Chinese investments in Africa increased from roughly US$1 billion in 2000 to over US$200 billion in 2012, a significant part being related to the extraction of natural resources. China has become the third-largest importer of African oil, which now accounts for around one-third of its total oil imports. Oil[...]

#IEPG. Measuring the global presence of countries (4): Germany

The results of the German legislative elections on 22 September could signal a turning point in the euro crisis. So we’re returning to our series on what’s new on Germany in the IEPG 2012 ranking. The German economy has ranked 2nd in the IEPG since the beginning of the[...]

Al-Qaeda’s continued core strategy 12 years later

This Wednesday marks 12 years since the worst terrorist attack ever carried out on the U.S. In a recent article published on the Elcano Institute’s website, Bruce Hoffman and I stated that Al-Qaeda has withstood arguably the greatest international onslaught directed against a terrorist organisation in history, but it[...]

#IEPG. Measuring the global presence of countries (3): United States

The Elcano Blog is back in business after the Summer break. We’re returning to our series on what’s new in the Elcano Global Presence Index (IEPG) 2012 country ranking. The United States (1st IEPG, 1st GDP and population of 315,950,000 in 2012) retains its leading position on the IEPG[...]

Australia: so far and yet so near

While geographically far apart, Spain and Australia have a steadily growing relationship. The core of their expanding bilateral engagement is defence cooperation, as explained at a recent working breakfast at the Elcano Royal Institute by Jane Marie Hardy, Australian Ambassador to Spain. Furthermore, both countries are like-minded on most[...]

Spain’s Unemployment Conundrum

There is only a glimmer of light in Spain’s long unemployment tunnel after five years of recession. This is because a new economic model has yet to emerge to replace the one excessively based on the property sector, which collapsed with devastating consequences. The depth of Spain’s crisis is[...]

#IEPG. Measuring the global presence of countries (2): United Kingdom

Following a surge in the past few decades, the UK ranks 3rd in the 2012 IEPG (6th GDP and population of 64,231,000). Since 1990, when it was 5th, it has overtaken Russia, Japan and France. The improvement lies on both the economic and soft dimensions, but mostly on the[...]

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