Economía Internacional

Renminbi internationalisation: stuck in mid-river – for now

Miguel Otero-Iglesias. ARI 84/2018 - 4/7/2018.

This paper looks at the internationalisation of the renminbi in May 2018, why it has stagnated since 2015 and what its possible future course might be.


Federico Steinberg. Comentario Elcano 35/2018 - 22/6/2018.

EEUU China han entrado en guerra comercial. Y el resto del mundo –incluidos la UE y España– debería estar preocupado. En un mundo de cadenas de producción globales es completamente ilusorio pretender aislar a un país del comercio internacional como pretende hacer EEUU.


. 8/5/2018.

This document written by Spanish economists offers some recommendations towards a stronger architecture for the euro through deeper fiscal, financial and economic integration. It also advocates a greater degree of political union to provide democratic legitimacy and accountability.


Luís Teles Morais. ARI 53/2018 - 19/4/2018.

This paper looks at recent developments in the Portuguese economy from the troika period to the current recovery in the context of the political framework. Is the political miracle of the parliamentary coalition behind the later?


Material de interés: FMI - World Economic Outlook, April 2018: Cyclical Upswing, Structural Change

. MI - 18/4/2018.

The IMF has improved its global economic growth prospects to 3.9%, although it warns that trade disputes between the US and China could undermine confidence and affect it. Full report.

El FMI publica sus perspectivas sobre la economía mundial en la que mejoran las perspectivas de crecimiento de la economía mundial al 3,9%, aunque se alerta de que las disputas comerciales entre EEUU y China podrían socavar la confianza y afectar al crecimiento global. Informe completo.


William Chislett. ARI 46/2018 - 10/4/2018.

The companies that comprise the Ibex 35, the benchmark index of the Madrid Stock Exchange, generated a record 67.7% of their revenues abroad in 2017.


Alfredo Arahuetes García and Gonzalo Gómez Bengoechea. ARI 45/2018 - 5/4/2018.

The balance between monetary normalisation and debt mutualisation should allow a soft transition from ECB’s sovereign interventions to some form of fiscal solution ‘from the centre’.


Miguel Otero-Iglesias. Expert Comment 23/2018 - 4/4/2018.

The Eurozone has a problem. The debate on how to reform and deepen European monetary union is dominated by those who believe that establishing a fiscal and political union is not necessary to underpin the single currency’s long-term stability.


Adrián Blanco Estévez. ARI 33/2018 - 7/3/2018.

Análisis de la inversión de las empresas españolas en China en un contexto de cambio en el modelo económico en el país asiático, hecho que genera nuevas e importantes oportunidades de negocio.


Federico Steinberg. Comentario Elcano 19/2018 - 6/3/2018.

Finalmente, el Trump proteccionista y agresivo ha entrado en acción. Planteamos algunas respuestas tentativas a las preguntas que surgen tras su decisión de establecer aranceles unilaterales sobre las importaciones de aluminio y acero.