Quarterly Economic Reports

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International economic situation report. January 2023

Pallardó López, Vicente J.

Valencia: APV - UV Valenciaport Chair of Port Economics , 2023. Informes

The year 2022 has come to an end, a year in which the war in Ukraine and its implications for the energy and food commodity markets, the Chinese government's "COVID-zero" policy or an unprecedented inflation in almost half a century in the developed countries, which provoked the energetic (and very late) response of these countries’ Central Banks, substantially complicated the macroeconomic scenario forecast, both in the West and in the rest of the world. The year 2023 is not looking any better, with the word "recession" for many economies and even in global terms, in the analyses of most analysts and major international economic institutions.

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International economic situation report. October 2022

Pallardó López, Vicente J.

Valencia: APV - UV Valenciaport Chair of Port Economics , 2022. Informes

Last July, the significant complexity of the current global economic outlook was emphasised in the first of our Quarterly Reports on the international economic situation. One quarter later, as expected, the scene has not been cleared up, neither in strictly economic terms nor regarding the geopolitical situation in which it is involved.

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International economic situation report. July 2022

Pallardó López, Vicente J.

Valencia: Valenciaport Port Economy Chair APV - UV , 2022. Informes

Our Quarterly Reports on the international economic situation begin at a rather challenging time. The heritage of the imbalances introduced into the global economic system derived by the COVID-19 pandemic, a highly adverse geopolitical situation and the ultra-expansionary (probably too-expansionary) macroeconomic policy response to the last two recessions place the international economy, and especially the West, in a series of serious difficulties. Inflation rates unprecedented in almost half a century, continued disruptions in global value chains, the need to reverse (but not too much, in intensity and temporality, to avoid a significant recession) current monetary and fiscal policies, and...

Our Quarterly Reports on the international economic situation begin at a rather challenging time. The heritage of the imbalances introduced into the global economic system derived by the COVID-19 pandemic, a highly adverse geopolitical situation and the ultra-expansionary (probably too-expansionary) macroeconomic policy response to the last two recessions place the international economy, and especially the West, in a series of serious difficulties. Inflation rates unprecedented in almost half a century, continued disruptions in global value chains, the need to reverse (but not too much, in intensity and temporality, to avoid a significant recession) current monetary and fiscal policies, and the dilemma of whether (and how) globalisation should be reconsidered, not only for reasons of efficiency (not in terms of cost, but of greater security of supply, at least of certain strategic goods - and raw materials) but also for geopolitical reasons.