International Economics

Spain’s merchandise exports continue to flourish, but lose steam

William Chislett. Expert Comment 13/2015 - 27/2/2015.

Spain’s merchandise exports rose for the fifth consecutive year in 2014 and set a new record, but their growth was the slowest since 2008.


Why is Spain recovering faster than expected?

William Chislett. Expert Comment 10/2015 - 20/2/2015.

The Spanish economy is gaining momentum at a faster pace than expected.


Beyond orthodoxy: understanding money to understand the Eurozone crisis

Miguel Otero-Iglesias. ARI 9/2015 - 12/2/2015.

The Eurozone Crisis has shown that money is not a neutral veil, but rather a social relation between creditors and debtors.


Beware of taking the ECB out of the Troika

Miguel Otero-Iglesias. Expert Comment 4/2015 - 19/1/2015.

The Eurozone does not have a democratically legitimised European treasury and the European Central Bank has been forced to fill the gap. The solution cannot be to take the ECB out of the picture without creating a legitimate institution to fulfil that necessary role.


Spain and Greece: the same, yet different

William Chislett. Expert Comment 3/2015 - 19/1/2015.

Spanish Prime Minister Mariano Rajoy’s visit to Greece has cast a spotlight on the similarities between the two countries. They certainly exist, but so do differences –and to a greater extent–.


China has to walk economic tightrope

Miguel Otero-Iglesias. Op-Ed - 9/1/2015.

China must relax its domestic finance grip to allow consumers to be driving force of economy.


Can Spain afford the economic programme of Podemos?

William Chislett. Expert Comment 67/2014 - 11/12/2004.

The anti-establishment leftist party Podemos (‘We Can’) has unveiled its economic plan that is long on spending ideas and short on how to finance them.


Is China rebalancing? Yes, but with Chinese characteristics

Miguel Otero-Iglesias. ARI 59/2014 - 27/11/2014.

The Chinese economy is gradually rebalancing, but for the foreseeable future investments (and not private consumption) will continue to be the main drivers of growth.


Document of interest: European Commission - 11th Report on potentially trade-restrictive measures

. MI/DI - 19/11/2014.

Según este nuevo informe de la Comisión Europea sobre las restricciones al comercio en más de 30 países, que son importantes socios comerciales de la UE, preocupa el importante crecimiento de medidas proteccionistas en los últimos tiempos.

This year's edition of the report on the monitoring of potentially trade-restrictive measures of the European Commission's Directorate-General for Trade identifies the trade measures which were introduced by the EU's key trade partners between 1 June 2013 and 30 June 2014 1 and which have the potential to disrupt trade.


Message to Germany: Do not waste Spain’s reform efforts

Miguel Otero-Iglesias. Op-Ed - 13/11/2014.

Germany must take an extra step, and reward countries like Spain, in exchange for accepting its disciplinary dictates.