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
IN 2020 MIGRATION FELL BY 30% AND REACHED ITS LOWEST LEVEL SINCE 2003 Migration inflows reached their highest level of the decade in 2016. Immigrants contribute more in taxes than governments spend on them. SPANIARDS MIGRATE MAINLY TO EUROPEAN COUNTRIES In 2019, Colombia, Morocco and Venezuela were the top three nationalities of newcomers The work … Continued
Evolution of house prices in Spain Despite the strong social and economic impact of the pandemic house prices have shown positive growth rates. During the hardest months of pandemic, the moderation initiated in mid-2018 in the pace of house price advances has accentuated. Why do prices behave in this way? Changing consumer preferences Temporary shortage … Continued
Since Q1 2020, Covid-19 cases have spread all over the world, but particularly in Europe and North America. Within Europe, Spain is in 6th place in terms of the number of cases per million inhabitants, and in 7th position for the number of deaths per million inhabitants. The vaccination process is advancing in Europe, headed … Continued
In 2020, Iceland, Switzerland and Norway are top of the Global Retirement Index which assesses pensioners’ welfare and financial security. Future retirement security could be at risk as a result of the recent situation caused by Covid-19. Five main risks have been identified. Spain drops for the second year consecutively. It currently holds the 32nd … Continued
When the Círculo de Empresarios was founded some forty-three years ago, our main concern and aim was centered upon ensuring that economic freedom would develop in tandem with increased political freedom. Our founders understood that we would be unable to enjoy liberty in general if our political freedom did not extend to all aspects of … Continued
Even though present society is going through an extraordinary process of transformation and economic growth, it is of the utmost importance to tackle climate change to ensure that such growth is sustainable. In the last 100 years, worldwide CO emissions have increased tenfold, with China and the US emitting the most, According to the Global … 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
One of the main objectives of the Círculo de Empresarios is to analyse the different areas of Spain’s economic and social reality and to offer ideas and constructive proposals for the benefit of Spanish society as a whole. In this sense, we have always been concerned about our Welfare State, and making it sustainable and responsive … Continued
The Círculo de Empresarios has launched Ten pressing issues for the Spanish Health system in 2019 today, a book that collects a series of improvement proposals in different aspects about a key pillar for our Welfare State. The presentation of this publication has been carried out by the Chairman of the Círculo de Empresarios, John … Continued
Youth training in Spain must adapt to the needs of the labor market in a more global, interconnected and ever-changing world in which talent is key. The school dropout rate, inefficient career guidance and the mismatch between the education system and business fabric are the main causes of the high level of youth unemployment in … 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.
Alongside growth and corporate responsibility, institutional quality represents one of the three centerpieces guiding the considerations of the Círculo de Empresarios. It has been a fundamental issue of our concern since the beginning of our association more than forty years ago. It can be shown empirically that the progress and well-being of society are intricately bound up with the quality … Continued
Alongside growth and corporate responsibility, institutional quality represents one of the three centerpieces guiding the considerations of the Círculo de Empresarios. It has been a fundamental issue of our concern since the beginning of our association more than forty years ago. It can be shown empirically that the progress and well-being of society are intricately … Continued
Spain occupies the 70th position in the labor market pillar of the Global Competitiveness Index 2017-18 prepared by the World Economic Forum
Global and Spanish economy 4Q-17 and outlook 2018 de Círculo de Empresarios ferrer”>Círculo de Empresarios
Since 1977, Spain has grown above the average of the 5 major European economies. These data support again that Spain is a success story, as we reflect in the document: “A pact for an inclusive growth”.
The year 1977 evokes images of change, freedom, openness and mutual understanding. Many Spanish people can remember where they were when the recent democratic history of our country began. Others, because of their age, grew up while this was being consolidated, or had the good fortune to be born in a modern Spain that was … Continued
All the best things that have happened in Spain over the past 40 years of democracy have been a result of the attainment of our freedom and the achievement of our country’s modernisation, which has been boosted and reinforced through our integration with and commitment to the European project. Since 1977, the history of Spain … Continued
Spain needs to put together an inclusive plan that mobilises and inspires us, and that provides structure for us all. This should be along the lines of what occurred with the recovery of our freedom and democracy, the development of our welfare state, and our fully-fledged incorporation into Europe from which we had felt (to … Continued
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
The Barometer of the Círculos, now in its fourth edition, maintains its commitment to Spanish society to help resolve the imbalances that persist in the wake of the recent economic crisis. This objective is shared by the Círculo of Entrepreneurs, the Círculo of Economy and the Círculo of Basque Entrepreneurs, and has been since the … Continued
Quarterly report. Global and Spanish economy Q1-2017- Circulo de Empresarios de Círculo de Empresarios
PRESENTATION SECOT is an association of senior volunteers who selflessly place their wealth of experience and knowledge of business management at the service of society in order to help boost employment and foster economic and social growth. This is an association founded and promoted by Círculo de Empresarios which, since its creation in 1989, has had notable … Continued
PRESENTATION The institutions listed below, bringing together a considerable number of business people, executives, academics and, in general, persons and institutions directly linked with the economic and social activities of businesses, periodically hold debates aimed at contributing to the development of and progress regarding the economic and institutional situation in Spain. In addition to exchanging opinions, … Continued
What would we do in a world without energy? Of course this is a rhetorical question, but it’s one that’s been with human beings forever. Every great step forward in the world has been propelled by energy. Almost a million years ago Man harnessed fire and realized that this “magic” gave him the independence to … Continued
