For more than fifteen years, every six months Esade has published the Informe Econ\u00f3mico y Financiero (Economic and Financial Report) with the support of Banco Sabadell. The Report aims to offer a snapshot of the global and Spanish economic landscape and, in each edition, focuses on an issue of particular relevance to current economic affairs. Esade seeks to stay true to its mission and contribute to society with what it does best, providing knowledge to improve public debate. This 31st edition includes an analysis of the current situation and trends of the Spanish and international economy and in-depth articles on the energy crisis and the climate transition.<\/p>\n
Toni Rold\u00e1n<\/strong>, director of the Informe Econ\u00f3mico y Financiero, takes stock of how the situation has evolved over the year and sets out the main threats to growth in the coming months in his welcome article. This is followed by the analysis of the international economic situation by Josep Comajuncosa<\/strong>, associate professor in Esade’s Department of Economics, Finance and Accounting, who warns about the impact of inflation and, in particular, the difficulties arising from the high level of global debt. Second, Manuel Hidalgo<\/strong>, professor of Economics at Pablo de Olavide University, senior fellow at EsadeEcPol and co-director of the NextGenEU Observatory, paints a relatively favourable short-term scenario for the Spanish economy and a less optimistic one in the medium term.<\/p>\n In the debate section, the authors address the dual challenge of the energy crisis and the climate transition from different perspectives. First, Elina Ribakova<\/strong> and Benjamin Hilgenstock<\/strong>, Deputy Chief Economist and Associate Economist, respectively, at the Institute of International Finance, write about the cost of energy security in the European Union. Meanwhile, Jes\u00fas Fern\u00e1ndez-Villaverde<\/strong>, professor of Economics at the University of Pennsylvania, writes about the challenges and dilemmas arising from the European Central Bank’s new strategy, which considers climate change a key factor in the formulation of eurozone monetary policy. They are followed by Antonia D\u00edaz<\/strong>, associate professor in the Department of Economics at Carlos III University of Madrid, and Luis Puch<\/strong>, professor of Economic Analysis in the Department of Economic Analysis at the Complutense University of Madrid, who propose a series of emergency measures in response to the current energy shock. Finally, Luca del Viva<\/strong>, associate professor in Esade’s Department of Economics, Finance and Accounting, writes about the effects of companies’ green transition commitments on their results and risks.<\/p>\n Lastly, Antonio Garc\u00eda Maldonado<\/strong> reviews two books: \u00abPrinciples for Dealing with the Changing World Order\u00bb by Ray Dalio and \u00abThe Man Who Broke Capitalism\u00bb by David Gelles.<\/p>\n","protected":false},"excerpt":{"rendered":" For more than fifteen years, every six months Esade has published the Informe Econ\u00f3mico y Financiero (Economic and Financial Report) with the support of Banco Sabadell. The Report aims to offer a snapshot of the global and Spanish economic landscape and, in each edition, focuses on an issue of particular relevance to current economic affairs. […]<\/p>\n","protected":false},"featured_media":8579,"template":"","acf":[],"yoast_head":"\n