February 2018 | No. 420

February 2018 | No. 420

Editorial

Technological change and economic growth: new questions, new answers

Oriol Aspachs

Key points of the month

Favourable outlook for the start of 2018

Forecasts and indicators

Indicators and forecasts

Financial markets

A volatile start to the year for financial markets
Shale production: the end of the golden age?
Mathieu Jean Henri Fort

International economy

Strong global growth with balanced risks
China’s economic growth under the microscope: past, present and future
Javier García Arenas
The expansionary cycle in the emerging economies: something old, something new and something borrowed
Àlex Ruiz

European economy

The euro area changes gear and speeds up
Italy: piano piano non si va lontano
Roser Ferrer
Inflation and its determinants: a measure of our ignorance
Oriol Carreras Baquer

Spanish economy

On balance, a positive 2017 and good prospects for 2018
Exports’ positive effect on job creation
Jordi Singla
Tensions in Social Security
Anna Campos
Wage trends and labour underutilisation in the Spanish labour market
Oriol Carreras Baquer

Dossier

Writing the future: the technological paradigm shift and the new economy
Javier García Arenas
Why productivity growth is declining
Oriol Carreras BaquerAdrià Morron Salmeron
The technological revolution and slowdown in productivity
Clàudia Canals

February 2018| No. 420

Dossier

Technological change and productivity

Content available in

catalan spanish

Editorial

Technological change and economic growth: new questions, new answers

Key points of the month

Favourable outlook for the start of 2018

Forecasts and indicators

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

Financial markets

Economic outlook

A volatile start to the year for financial markets

Focus

Shale production: the end of the golden age?

Mathieu Jean Henri Fort

International economy

Economic outlook

Strong global growth with balanced risks

Focus

China’s economic growth under the microscope: past, present and future

Javier García Arenas

Focus

The expansionary cycle in the emerging economies: something old, something new and something borrowed

Àlex Ruiz

European economy

Economic outlook

The euro area changes gear and speeds up

Focus

Italy: piano piano non si va lontano

Focus

Inflation and its determinants: a measure of our ignorance

Oriol Carreras Baquer

Spanish economy

Economic outlook

On balance, a positive 2017 and good prospects for 2018

Focus

Exports’ positive effect on job creation

Jordi Singla

Focus

Tensions in Social Security

Anna Campos

Focus

Wage trends and labour underutilisation in the Spanish labour market

Oriol Carreras Baquer

Dossier

Technological change and productivity

Focus

The technological revolution and slowdown in productivity

Clàudia Canals

Focus

Why productivity growth is declining

Oriol Carreras Baquer

Adrià Morron Salmeron

Focus

Writing the future: the technological paradigm shift and the new economy

Javier García Arenas