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July 2020 | No. 447DossierCapitalism(s): moving towards a new phaseContent available in catalan spanishPrint Download File Editorial Five priorities to stimulate the recovery Enric Fernández Key points of the month An incomplete economic recovery Oriol Aspachs Forecasts and indicators ForecastsKey indicators financial marketsKey indicators international economyKey indicators European UnionKey indicators Spanish economy Financial markets Economic outlook Despite the doubts, the financial markets continue to recover Focus The ECB’s firewall against the COVID-19 crisis Adrià Morron Salmeron International economy Economic outlook One step forward and another step back: the global economy advances in the de-escalation phase, but COVID-19 casts a long shadow Focus Savings and COVID-19: how far will Europe’s saving fever go? Javier García Arenas Spanish economy Economic outlook Update of the forecasts for the Spanish economy Oriol Aspachs Oriol Carreras Baquer Focus Analysing private consumption during the COVID-19 crisis Oriol Carreras Baquer Focus What can we expect from Spain’s ERTEs and similar furlough programmes? A European perspective Javier García Arenas Portuguese economy Economic outlook Activity is kick-started, but the decline in 2020 will be severe Focus Sectoral impact of the COVID-19 pandemic in Portugal Teresa Gil Pinheiro DossierCapitalism(s): moving towards a new phase Capitalism: crisis? What crisis? Álvaro Leandro Àlex Ruiz Capitalism, variety is the spice of life Álvaro Leandro Àlex Ruiz The promises of the varieties of capitalism, or on the impossibility of having it all Álvaro Leandro Àlex Ruiz Capitalism(s) for tomorrow’s world Álvaro Leandro Àlex Ruiz
Economic outlook One step forward and another step back: the global economy advances in the de-escalation phase, but COVID-19 casts a long shadow
Focus What can we expect from Spain’s ERTEs and similar furlough programmes? A European perspective Javier García Arenas
The promises of the varieties of capitalism, or on the impossibility of having it all Álvaro Leandro Àlex Ruiz