June 2017 | No. 413

June 2017 | No. 413

Editorial

Tourism: a driving force for growth

Enric Fernandez CaixaBank Research

Enric Fernández

Key points of the month

Global activity maintains its positive momentum

Forecasts and indicators

Indicators and forecasts

Financial markets

International economy

Solid growth in economic activity
Trump-style tax reform
Clàudia Canals
Malaysia: Southeast Asia’s weakest link?
Javier García Arenas

European economy

Spanish economy

Dossier

Tourism 2.0: opportunities and challenges
Roser Ferrer
Quality of tourism supply: the challenge of keeping the leadership
Judit Montoriol Garriga
Tourism, a new El Dorado for the Spanish economy
Josep Mestres Domènech
Tourism: an important industry on the crest of a wave
Jordi Singla

June 2017 | No. 413

Dossier

Tourism: travelling towards the future

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Editorial

Tourism: a driving force for growth

Enric Fernandez CaixaBank Research

Enric Fernández

Key points of the month

Global activity maintains its positive momentum

Forecasts and indicators

Forecasts Key indicators financial markets Key indicators international economy Key indicators European Union Key indicators Spanish economy

Financial markets

Economic outlook

Calm in the markets after Macron’s victory

Focus

China’s new economy: stock market transition and sector performance

Focus

Crude oil prices: the puzzle of the impact of OPEC’s cut

International economy

Economic outlook

Solid growth in economic activity

Focus

Trump-style tax reform

Clàudia Canals

Focus

Malaysia: Southeast Asia’s weakest link?

Javier García Arenas

European economy

Economic outlook

A more solid outlook for the euro area’s economic activity

Focus

The growing productivity divide between firms

Focus

Tracking core inflation: the pricing chain

Spanish economy

Economic outlook

The Spanish economy is gaining ground in a more favourable external environment

Focus

The Spanish economy’s dependence on external financing

Focus

Spain’s sovereign debt rating: slowly but surely

Focus

The real estate industry: a two-speed recovery

Anna Campos

Dossier

Tourism: travelling towards the future

Focus

Tourism: an important industry on the crest of a wave

Jordi Singla

Focus

Tourism, a new El Dorado for the Spanish economy

Josep Mestres Domènech

Focus

Quality of tourism supply: the challenge of keeping the leadership

Judit Montoriol Garriga

Focus

Tourism 2.0: opportunities and challenges