March 2021 | No. 454

March 2021 | No. 454

Editorial

Enric Fernandez CaixaBank Research

Enric Fernández

Key points of the month

The great economic theatre: inflation returns to the scene and constrains the Economic Reconstruction
Oriol Aspachs

Forecasts and indicators

Forecast and indicators - March 2021

Financial markets

The financial markets reassess the outlook
US stock market: rational exuberance?
Adrià Morron SalmeronÀlex Ruiz
Everything you ever wanted to know about the European Recovery Plan but were afraid to ask: the issue of EU debt
Ricard Murillo Gili

International economy

Spanish economy

Spain faces a first quarter still highly restricted by the COVID-19 pandemic
COVID-19 and international trade: an asymmetric impact
Luís Pinheiro de Matos
Big fish and not so big fish in the e-commerce retail sector
Eduard Llorens i Jimeno

Portuguese economy

Resilience will favour the Portuguese recovery
Inflation in Portugal: what risks await us?
Paulo Eduardo Carlos

Dossier

Spain in the digital race
Clàudia CanalsOriol Carreras BaquerJudit Montoriol Garriga
The digital policies of Next Generation EU
Clàudia CanalsOriol Carreras Baquer
NGEU: a very timely boost for digitalisation
Clàudia CanalsOriol Carreras Baquer
Digitalisation and automation: what will we produce tomorrow?
Clàudia CanalsOriol Carreras Baquer

Forecast and indicators - March 2021

10 March 2021