January 2020 | No. 441

January 2020 | No. 441

Editorial

The illiberal temptation

Enric Fernandez CaixaBank Research

Enric Fernández

Key points of the month

2020: the mature phase of the cycle, the decisive phase of the cycle
Oriol Aspachs

Forecasts and indicators

Indicators and forecasts

Financial markets

International economy

2020: at the gates of a demanding year, again
The difficulties of the industrial sector: will there be contagion to services?
Adrià Morron SalmeronÀlex Ruiz
International trade: first impression of the First Phase
Clàudia Canals

European economy

A year of transition?
Portugal: the economy has greater margin for manoeuvre
Teresa Gil Pinheiro

Spanish economy

Spain: a year of transition
The slowdown of the Spanish labour market is knocking at the door
Josep Mestres Domènech

Dossier

The illiberal shift in economic policy: let the data speak!
Álvaro LeandroÀlex Ruiz
Illiberal forms of economic policy: evolution or radical change from the existing consensus?
Álvaro LeandroÀlex Ruiz
The effects of the illiberal shift: little evidence, much concern
Álvaro LeandroÀlex Ruiz
The causes of the illiberal shift of economic policy: shedding some light on an open debate
Álvaro LeandroÀlex Ruiz

January 2020 | No. 441

Dossier

The threat of the illiberal shift

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Ilustración de la estatua de la libertad encerrada en una jaula para pájaros

Editorial

The illiberal temptation

Enric Fernandez CaixaBank Research

Enric Fernández

Key points of the month

2020: the mature phase of the cycle, the decisive phase of the cycle

Oriol Aspachs CaixaBank Research

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 resurgence of risk appetite brings an end to a year marked by swings in investor sentiment

Focus

Oil: piecing together the puzzle

Ricard Murillo Gili

International economy

Economic outlook

2020: at the gates of a demanding year, again

Focus

The difficulties of the industrial sector: will there be contagion to services?

Adrià Morron Salmeron

Àlex Ruiz

Focus

International trade: first impression of the First Phase

Clàudia Canals

European economy

Economic outlook

A year of transition?

Focus

Portugal: the economy has greater margin for manoeuvre

Teresa Gil Pinheiro

Spanish economy

Economic outlook

Spain: a year of transition

Focus

The slowdown of the Spanish labour market is knocking at the door

Josep Mestres Domènech

Dossier

The threat of the illiberal shift

Focus

Illiberal forms of economic policy: evolution or radical change from the existing consensus?

Álvaro Leandro

Àlex Ruiz

Focus

The illiberal shift in economic policy: let the data speak!

Álvaro Leandro

Àlex Ruiz

Focus

The causes of the illiberal shift of economic policy: shedding some light on an open debate

Álvaro Leandro

Àlex Ruiz

Focus

The effects of the illiberal shift: little evidence, much concern

Álvaro Leandro

Àlex Ruiz