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The COVID-19 crisis would have led to a sharp increase in inequality if the actions taken by the public sector had not cushioned it to some extent. The high levels of inequality recorded during the peak of the crisis are gradually decreasing thanks to the recovery in business. 

The coronavirus pandemic is having a severe impact on emerging economies. Around 100 countries, most of them emerging, are exploring the possibility of obtaining assistance from the IMF or expanding that which they already have in place. Are we entering into a new widespread crisis in the emerging markets like that of the 1980s and 1990s?

In this second article on globalisation, we analyse the growing fragmentation of the world economy in recent times, focusing on the decoupling between the US and China, and its effects.

Fiscal activism is not declining in the US. Following the vast disbursements of 2020 and 2021, fiscal activity is now focusing on negotiations regarding the new stimulus packages proposed by the Biden administration: The American Jobs Plan (AJP, which revolves around infrastructure) and The American Family Plan (AFP, with a social focus). But what can we expect to come out of these negotiations?

Despite Spain’s tourism model being highly competitive, the recovery of the different types of tourists has been uneven. This article examines how the reasons for international visits have changed, comparing the current situation with that of 2019, in order to assess whether there have been significant shifts in consumption patterns that are relevant to the sector.

The Spanish household savings rate has rebounded for the first time since the pandemic, thanks to a rise in gross disposable income and a fall in inflation, which has moderated the growth in nominal household spending.