Spain

How Spain transitioned from middle-income to high-income status

When I bought a second home in Buendía, a Spanish village in Castilla La Mancha, in 1976, there was no running water (it had to be collected in large containers from a spring), the streets were unpaved, the primary school was rundown, phone calls were made in a cabin [...]

Spain and Italy should cooperate more to make a stronger EU

Traditionally, cooperation between the two big economies of the South of the European Union (EU) has consistently failed to reach its potential. Oftentimes, this has been due to ideological discrepancies among the respective heads of states. However, Spain and Italy should form a strong partnership in overcoming the current [...]

China’s Digital Silk Road in Latin America and the Caribbean

China, through its Digital Silk Road (or DSR) aims to helping middle-income and developing countries to bridge the digital gap. Its goals: strengthening Internet infrastructure in other countries, deepening space cooperation, joint technology standards development, and the improvement of efficiency for security and police systems from their partners. The [...]

Global risks and future scenarios: starting down the road

The annual World Economic Forum’s Global Risks Report and the Davos Forum usually take place in January. While both are supposed to rely upon each other, the WEF report and the Davos Agenda do not always match. In either case, the 16th edition of the report stands out due [...]

Sustainability-driven digital transitions: tools for the long term

Digital transformation is undoubtedly altering all social and economic dimensions of life. However, there is an unexplored –and significant– issue: how to prepare for the sustainability paradigm shift driven by digital transformation, from several perspectives: environmental, economic, financial, industrial, educational, demographical, political, and social. Existing, emerging, and disruptive technologies [...]

What is happening with Spanish exports?

The Spanish economy’s external sector has suffered the impact of COVID-19 with greater intensity than other EU countries. This is mainly due to its sector-based specialisation, though it should be noted that before the pandemic it was already showing a slight deceleration in both exports and imports. There are [...]

COVID-19 ups Spain’s income inequality

The lines of people queuing for food at community centres around the country have got noticeably longer, as a result of the disproportionate impact of COVID-19 on the poorest and most vulnerable. The relative poverty rate (those living with less than 60% of the median disposable income), which finally [...]

Politically fractured Spain’s pressing need for consensus post COVID-19

The Bank of Spain’s sensible call for a broad political agreement lasting several legislatures on measures to meet the enormous economic challenges, as a result of the devastating impact of COVID-19, looks as if has fallen on deaf ears even before getting off the ground. Two days after Pablo [...]

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