International Economics

A G20 agenda for technological justice

Andrés Ortega & Francisco Andrés Pérez. ARI 31/2018 - 6/3/2018.

Technological justice can play an important role within the international system in resolving global challenges and creating a smart and more equal world society.


Spain’s continuing export boom

William Chislett. Expert Comment 16/2018 - 21/2/2018.

Spain’s exporting prowess continued in 2017 when sales of goods abroad increased for the eighth straight year and notched up a new record of €277.1 billion, close to one-quarter of GDP.


Chinese investment in Spain: open for business, but not at any price

Mario Esteban and Miguel Otero-Iglesias. ARI 14/2018 - 6/2/2018.

Reluctance to Chinese investments in Spain may grow if the its volume increases significantly and begins to penetrate more “strategic” or high-tech sectors.


A year of Trump and trade policy

Federico Steinberg. Expert Comment 9/2018 (English version) - 1/2/2018.

The first year of Trump has been less damaging to the multilateral trade system than was originally feared, but has also allowed us to see that the US Administration maintains a clear interest in isolating itself increasingly from the rest of the world.


Japan’s rosy short-term outlook masks the failure of Abenomics

Alicia Garcia Herrero & Kohei Iwahara. ARI 84/2017 - 2/11/2017.

Shinzō Abe won a majority in the elections to the Lower House of parliament held on 22 October, supported by a cyclical economic uptrend. However, without meaningful structural reforms to lift productivity, Japan’s long-term outlook remains gloomy.


Good news: synchronised global economic acceleration

Federico Steinberg. Expert Comment 44/2017 (English version) - 10/10/2017.

After several years of the global economy growing at an increasingly slower rate, most countries –including advanced, emerging and developing economies– have experienced strong synchronised growth since the middle of 2016 and especially in 2017.


The conundrum of Spain’s recovering economy and stubbornly high unemployment

William Chislett. ARI 70/2017 - 15/9/2017.

The economy has recovered from a deep crisis and is growing at more than 3% for the third year running, but the unemployment rate remains stubbornly high at 17.2%, though well down on the peak of 27.1% in 2013.


Reflections on the Commission’s euro reflection paper: let’s get the sequencing right

Miguel Otero-Iglesias. Expert Comment 30/2017 - 6/6/2017.

It is important to think harder on how to improve and strengthen the political union. Only in this way will there be a greater momentum and willingness to introduce the technical solutions that most economists agree upon.


Document of interest: G20 Insights on global inequality and social cohesion, and financial resilience

. 6/7/2017.

Recomendaciones al G20 de Andrés Ortega, Miguel Otero Iglesias y Federico Steinberg, investigadores del Real Instituto Elcano, en el marco del T20. El Think20 (T20 es una red de institutos de investigación y think-tanks de los países miembros del G20. Ver también: Real Instituto Elcano en el T20.

Recommendations and visions to the G20 by Andrés Ortega, Miguel Otero-Iglesias and Federico Steinberg –Senior Analysts at the Elcano Royal Institute– within the framework of the T20 process. Think20 (T20) is a network of research institutes and think tanks of the G20 member countries. See also: the Elcano Royal Institute at the T20.


The euro as a social bond: why do Eurozone citizens still back the single currency?

Miguel Otero-Iglesias. ARI 25/2017 - 27/3/2017.

This paper tries to understand why despite the pain in the South of the Eurozone and the anger in the North the majority of the people still support the euro.