For the first time since the beginning of the crisis, the Spanish government faces lower borrowing costs that the U.S. ...

Even after having been identified as one of the culprits of the 2007-2008 financial crisis, securitization is making a come back, with support of some central bank officials.  Why? Securitization refers to the pooling and repackaging of assets in securities with claims on the cash flows generated by the asset. The final product of such…

Does the current economic policy in Spain help or impede the recovery and medium and long-run growth prospects? Together with a group of eight IESE experts and six of some of the most prominent Spanish economists, we have developed the Reform Monitor, an assessment of the performance of the Spanish economy; the adequacy of the…