IESE Insight - Economics

Brexit's impact on 4 key sectors

Ariño, Africa; Daniels, Chris; Caldart, Adrian; Orr, Edward; Rosenberg, Mike Few, if any, companies anticipated Brexit. Now we're all being rocked by the uncertainties, since no one knows quite how this messy divorce will play out. Of course, some sectors are being harder hit than others.

The United States, China and Germany, the most appetizing markets

Caldart, Adrian; Gifra, Júlia; Pasamón, Fernando Three countries as distinct and distant as the United States, China and Germany once again top the annual ranking of the most attractive markets for food and beverage exports, according to a report by Adrian Caldart and Júlia Gifra.

Are competiveness and inclusion compatible?

Schwab, Klaus; World Economic Forum The World Economic Forum's ranking of the world's most competitive economies is now complemented by the Inclusive Development Index. Which countries score better on one and worse on the other?

How to run companies with the stroke of a hashtag

Llopis, Jaume Twitter has changed how we communication. The book 500 tweets for better management gathers thoughtful messages about the economy and business management from the active account of IESE's Jaume Llopis.

Globalization in troubled times

Altman, Steven; Ghemawat, Pankaj; Bastian, Phillip For years, the DHL Global Connectedness Index has been making the case that the world is not as globalized as we think. This is still true; yet surprisingly, in the age of Trump and Brexit, globalization has actually reached a new high.

Why Was the Sovereign Debt Crisis in Europe So Severe?

Acharya, Viral V.; Eisert, Tim; Eufinger, Christian; Hirsch, Christian Why did billions in investment, sales and so many jobs disappear during the European sovereign debt crisis? The Eurozone credit crunch deserves about half of the blame, which is a lot, according to research by IESE's Christian Eufinger and co-authors. They find two significant factors that helped cause the crunch and offer advice to free up the lending supply next time.

Why the Presence of Common Shareholders in Rival Companies Looms as a Threat

Azar, José; Schmalz, Martin; Tecu, Isabel "Common ownership" is a buzzword in academic and regulatory circles these days. José Azar's paper linking common ownership to higher airline ticket prices and other negative consequences is at the center of a new debate that could profoundly affect the investment fund industry as we know it.

New York, London and Paris Firmly Established as the Smartest Cities

Berrone, Pascual; Ricart, Joan Enric; Carrasco, Carlos; Duch, Ana Although New York leads the IESE Cities in Motion Index, Europe is the geographical area with the highest concentration of smart cities, with 12 representatives among the top 25. Where does your city stand in the ranking this year?

Why Wages Stagnate in Areas With Few Employers

Azar, José; Marinescu, Ioana; Steinbaum, Marshall We know monopolies negatively affect consumers. But what about workers? What happens when just a few employers hold most of the hiring power? New research shows that areas with high labor market concentration have lower wages. Here's where to look and why it's important.

Venture Capital and Ethnic Integration: Better Together

Samila, Sampsa; Sorenson, Olav Diversity is one thing, integration another, according to an empirical study of the impact of venture capital in the U.S. IESE's Sampsa Samila finds a one standard deviation increase in racial integration increased the positive outcomes associated with VC by at least 30 percent.