IESE Insight - Economics

2021 outlook: a K-shaped recovery, strong euro, cheap credit and five more things to watch

2021 promises to be a year of recovery, although its pace is linked to the agility of vaccinations. In a predicted "K recovery," analyze how the pandemic has affected your sector and how Brexit continues to alter your global value chain, advises IESE professor Nuria Mas.

Which economies will grow again in 2021?

Javier Díaz Giménez China is first to recover from the pandemic and will close out 2020 with 1.8% growth. What other economies will join China and grow in 2021? Which ones will have to wait for 2022 or even beyond?

Economic perspectives on the end of the pandemic

Javier Díaz Giménez, Núria Mas, Alfredo Pastor With the end of the pandemic on the horizon, hopes are also rising for an end to the economic hardships of the past year. Different regions will bounce back in different ways, but for Europe, the Next Generation EU funds could signal a sustainable way forward.

Teamwork, protecting doctors' well-being during the pandemic

Núria Mas; Judit Vall; Fundación Galatea; Col.legi Oficial de Metges de Barcelona A survey of health professionals reveals that many feel unprepared to handle another wave of the pandemic. The study's authors offer four recommendations to improve the physical and mental well-being of those caring for COVID-19 patients.

Principles or practical rules?

Alfredo Pastor A balanced budget: is it a moral obligation or a rule of thumb? To what extent should it steer an economic recovery during the pandemic caused by COVID-19?

Facing the present to prepare for the future

Núria Mas To overcome the crisis caused by COVID-19, we must strengthen our health system and invest in economic transformation, while empowering people for the jobs of the future.

Globalization, diversification and COVID-19

Manuel Mueller-Frank Our economic and financial systems are not built to deal with correlation. That was a problem for the 2008-09 financial crisis, but it's even more of a problem with COVID-19. How might we plan better this time around?

COVID-19 crisis to alter banks' business models

E. Carletti; Stijn Claessens; Antonio Fatás; Xavier Vives Looking ahead, the banking sector is likely to need a deep restructuring, according to Xavier Vives and coauthors of The Bank Business Model in the Post-COVID-19 World, the second report in the IESE-CEPR series on the future of banking.

How to live in an indebted economy

Antonio Argandoña Government policies have aimed to tackle both the pandemic and the economic crisis simultaneously. In the short term, this means taking on public debt, which markets are currently paying little attention to. But over the medium and long term, new measures will be required to ensure the stability of public accounts.

10 basic ideas to understand the crisis that follows COVID-19

Juan José Toribio We are facing the first truly global economic shock, hitting both supply and demand. Overcoming it will require more than just monetary and fiscal measures: a proportional reduction in individual income may help, if managed well.