Articles
Gender diversity on corporate boards: Enhancing sustainability outcomes for Spain’s IBEX 35 companies
Institutional changes, such as quotas and evolving social norms, which have promoted gender diversity in boardrooms and at the corporate executive level, are believed to have positively impacted ESG outcomes within firms. Empirical evidence shows that woman directors seem more influential on sustainability issues, while…
Public support for broadband deployment in Spain: Improving connectivity and competitiveness
Public subsidies to foster broadband deployment have led to notable improvements in Spain’s connectivity levels over the last decade, positioning the country among the leaders within the EU. The improvements are most notable in smaller municipalities, highlighting the need to focus future such schemes primarily…
Spain’s insurance business in 2023 and outlook for 2024
Autores:
Manzano, Daniel
After a strong performance in 2023 under a high interest rate scenario, a softer than expected economic landing, coupled with the containment of inflationary pressures, paving the way for a period of rate cuts, foreshadow a new scenario for the Spanish insurance business in the…
Bank margins: Price, volume and composition effects – Spain in a European context
Two years since the start of the rate hiking cycle, various factors have shaped the trend in margins, with some clearly positive while others less favourable, raising doubts over the sustainability of current margins. A disaggregation of the rate, volume and funding reconfiguration effects helps…
Monetary policy changes: Scale and implications
The ECB’s recent rate cut contrasts with the Fed’s recent decision to leave its target rate range unchanged, reflecting the divergent attitudes of the main central banks to inflation, with potential implications for the global economy. Going forward, clear central bank communication remains key to…