Ageing conditions the sustainability of the system IN 2050 SPAIN WILL BE THE SECOND COUNTRY IN THE OECD, AFTER JAPAN, WITH THE HIGHEST DEPENDENCY RATIO *, WHICH WILL BE 78.4%, 25.7 PP HIGHER THAN THE OECD AVERAGE The dependency ratio in Spain will increase by 45.6 pp between 2020 and 2050, more than double the … Continued
Sustainability of the pension system at risk THE TOTAL EXPENDITURE ON PENSIONS (PUBLIC AND PRIVATE) HAS INCREASED IN MOST OF OECD ECONOMIES DURING THE LAST TWO DECADES. SPAIN IS ONE OF THE COUNTRIES WITH THE HIGHEST RISE, 2.9 PP OF GDP In Spain, this increase is mainly explained by changes in its demographic structure and … Continued
Population ageing is a global phenomenon that predominantly affects the most advanced countries due to the declining fertility rates and rising life expectancy. Spain is one of the longest-lived and most ageing countries in the world. It also has one of the lowest fertility rates (1.25) of the OECD countries, with a negative natural change … Continued
When in 1889 the German Chancellor Otto Von Bismarck created the first public pension system, he set the age of retirement at 70. Almost two decades following his death and shortly before the outbreak of the First World War, Germany reduced this to 65. When the most developed countries approached the matter of the various … Continued
In this infographic we present the situation of the pension system in Spain.
In this infographic we present the situation of the pension system in Spain.
Así esta the economy September 2017 Círculo de Empresarios from Círculo de Empresarios
As it has been doing for more than 20 years, the Círculo de Empresarios again wants to express its concern about the sustainability of a pension system that will guarantee future social cohesion and equilibrium between generations. Based on the success of other European countries, and by means of dialogue and consensus, we think there … Continued
Spanish banking sector Profits During the first quarter of 2016, amidst low interest rates, the consolidated results of Spanish credit institutions dropped 23.6%. By contrast, the improvement in economic activity has made it possible to continue to lower the volume of troubled assets (down 40% since December of 2013). At the same time, according to … Continued
Recent improvements in GDP and employment confirm that Spain’s recovery and economic dynamism continue to be strengthened. Internally, the reforms that have been carried out and the efforts in the private sector have corrected some of our macroeconomic imbalances. This has led to improvements in the labor market, the external sector, investment and access to … Continued