Banco de España Blog

Using a simple format and plain language, the Banco de España Blog seeks to make our work more accessible to the general public. It allows us to share our analysis of economic and financial issues and the ins and outs of the Banco de España’s tasks and activities with all those keen to learn more.

The Blog series group together posts covering certain similar topics. Further down is a general listing of all Blog posts, with a search function to help readers find the posts they are interested in.

 

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How can we measure political polarization in Europe?

Series: Focus. Research Videoblog

08/01/2026 Marina Diakonova

Political polarization can harm a country’s economy. But can we measure the level of polarization in each country? Is it related to legislative gridlock? We answer these questions by analysing the cases of Spain, Germany, France and Italy in the paper “Political polarization in Europe” by Marina Diakonova, Corinna Ghirelli and Javier J. Pérez.

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Roberto Serrano

17/03/2025

Roberto Serrano, winner of the King of Spain Prize in Economics

Enrique Alberola

Roberto Serrano, Professor of Economics at Brown University, has been awarded the King of Spain Prize in Economics. This award recognises not only the contributions made to game theory by one of the leading figures in the field, but also his inspiring personal journey.

shutterstock_Mercosur

13/03/2025

Against the tide: the EU-Mercosur trade deal

Juan Carlos Berganza , Rodolfo G. Campos , Jacopo Timini

The European Union has stepped up its trade talks with Latin America in recent years, in response to shifts in geopolitics. One of the more tangible results has been the agreement with Mercosur which, if ratified, will strengthen economic integration between the two regions.

shutterstock_subhome

07/03/2025

What’s left of the glass ceiling? Women’s career advancement at the Banco de España

Soledad Núñez , Juan Manuel Delgado , Laura Hospido

Women now account for just over half of the Banco de España’s employees. We’ve also made considerable headway in management positions in recent years, all because of an ambitious agenda that promotes equal opportunities. Even so, we have not yet fully closed the gender gap.

Shutterstock

27/02/2025

Unpacking the International Monetary Fund: eighty years of fostering international financial cooperation

Isabel Garrido , Patrocinio Tello

The International Monetary Fund (IMF) plays a key role in maintaining the stability of the global financial system and upholding multilateralism, now under threat. In this post we take a closer look at this long-standing institution that faces substantial challenges in the years ahead.

SubhomeExclusionFinanciera

11/02/2025

The growth of online banking and how to mitigate the risks of financial exclusion

Enrique Alberola , Laura Crespo , Diana Posada , Patrocinio Tello

The use of online banking is becoming increasingly widespread and the digital divide across age groups is showing signs of narrowing. But for some people (particularly the elderly), the digitalisation of banking services and branch closures can be a stumbling block to doing their banking and getting hold of cash.

Encuesta

05/02/2025

Analysing wealth in Spain: 20 years of the Spanish Survey of Household Finances

Cristina Barceló , Olympia Bover , Laura Crespo , Luis Guirola

How is wealth or home ownership distributed among Spanish households? For the last 20 years the Banco de España’s Spanish Survey of Household Finances has provided rich information on Spanish households’ finances and enabled the analysis of these and many other related questions.

Capital Humano

29/01/2025

Human capital matters: the challenges and opportunities in Spanish education Series: Challenges for the Spanish economy

Brindusa Anghel , Aitor Lacuesta

Despite the progress made in recent decades, Spain still trails the most advanced countries in terms of educational attainment. Action is required at all levels to improve Spain’s human capital. Prominent measures include reducing early school leaving, modernising universities and vocational training and raising financial literacy.

Foto_subhome

10/01/2025

The Banco de España’s functions: how do we serve society?

José Luis Escrivá

The Banco de España’s best-known functions are banking supervision and contributing to euro area monetary policy decisions. But our public service covers many more areas. In his first blog post, Governor José Luis Escrivá summarises the Bank’s main tasks.

Subhome_en

11/12/2024

Beyond GDP: how to measure economic welfare

Gabriel Quirós Romero

GDP and per capita income are frequently used as synonyms of welfare. However, the concept of welfare is broader and more complex. As the economic and social developments of recent decades have made increasingly clear, economic welfare and well-being cannot be gauged by GDP alone. However, determining complementary welfare indicators and measuring them accurately is difficult.

ok_listado_draghi

02/12/2024

The Draghi report: a plan for the economic future of Europe

Pilar L’Hotellerie-Fallois

The Draghi report proposes a strategy to halt the economic decline of the European Union compared with other global powers. A common European approach focused on growth is needed if the EU is to successfully address the challenges it faces: technological transformation, decarbonisation, economic security and preservation of the European social model.