Spanish regional accounts statistical review 2020
This same Wednesday, the vice-president of the institution, Luis de Guindos, acknowledged that the rise in interest rates and the increase in prices will cause households to have less disposable income and, therefore, greater problems to face debts. For this reason, he asked banks to increase provisions because delinquency “is going to rise”.
Nacho Álvarez, who has the same doubts, gives a reason why a rise in interest rates would make sense. “The Fed (the U.S. central bank) is doing it. Higher yields on U.S. bonds will attract capital from the EU. To buy U.S. bonds, you would have to go to the foreign exchange market and exchange euros for dollars, which would depreciate the euro. And since we pay for imported energy in dollars, a depreciated euro would make energy purchases more expensive and the inflationary shock could be aggravated. In any case, I don’t think this reason outweighs the significant risks,” explains the economist.
Ine spain
The government implemented a bailout policy that has had a direct impact on citizens and residents, with austerity measures such as lower or frozen salaries, higher taxes and fewer social assistance programs, with a consequent deterioration, in general, of the population’s purchasing power.
Long-term unemployment mainly affects those workers who become unemployed at an age when they are too young to retire and too old to find another job.
Unemployment also affects low-skilled workers, especially young people. Temporary contracts and low wages are the biggest obstacles to housing and a decent life.
There is a strong correlation between an increase in educational attainment and a decrease in poverty. The majority of the long-term unemployed (more than 70%) who do not have unemployment insurance belong to the least educated groups and are either illiterate, have no education, or have barely completed primary school.
Impacto del coronavirus en España
Bernstein, J. I. y T. P. Mamuneas (2006). “R&D depreciation, stocks, user costs and produc- tivity growth for US R&D intensive industries”. Structural Change and Economic Dynamics 17, n.º 1 (enero): 70-98. Black, S. E. y L. M. Lynch (2005). “Measuring Organizational Capital in the New Economy”. En Corrado, C., J. Haltiwanger y D. Sichel. Measuring Capital in the New Economy. Cambridge: University of Chicago Press: cap. 6.
Corrado, C., C. Hulten y D. Sichel (2005). “Measuring Capital and Technology: An Expanded Framework”. En Corrado, C., J. Haltiwanger y D. Sichel. Measuring Capital in the New Economy. Cambridge: University of Chicago Press: cap. 1.
Corrado, C., J. Haskel, C. Jona-Lasinio y M. Iommi (2016). “La inversión intangible en la UE y en Estados Unidos antes y después de la Gran Recesión y su contribución al crecimiento de la productividad”. Documentos de trabajo del BEI n.º 2016/08. Luxemburgo: Banco Europeo de Inversiones. Disponible en: https://www.eib.org/attachments/efs/economics_working_paper_2016_08_en.pdf Corrado, C., J. Haskel, C. Jona-Lasinio y M. Iommi (2012). “Capital intangible y crecimiento en las economías avanzadas: Métodos de medición y resultados comparativos”. IZA Discussion Papers n.º 6733. Bonn: Instituto para el Estudio del Trabajo (IZA). –. (2018). “La inversión intangible en la UE y Estados Unidos antes y desde la Gran Recesión y su contribución al crecimiento de la productividad”. Revista de Infraestructura, Política y Desarrollo 2, n.º 1: 11-36. Cummins, J.G. (2005). “Un nuevo enfoque para la valoración del capital intangible”. En Corrado, C., J. Haltiwanger y D. Sichel. Measuring Capital in the New Economy. Cambridge: University of Chicago Press: cap. 2.
Ipc prices
The Faculty of Economics and Business is a new center with sections in Gipuzkoa, Alava and Elkano (Bilbao), the headquarters being located in Sarriko (Bilbao). The San Sebastian section of the Faculty (formerly the University School of Business Studies) is located on the Gipuzkoa Campus (Ibaeta). Starting in the 2010-2011 academic year, it offers a Degree in Business Administration and Management (ADE). Likewise, in the 2019-2020 academic year it will begin to offer the double degree in Business Administration and Management + Law, degrees adapted to the European Higher Education Area (Bologna Plan).