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Methodological changes in the estimation of GDP. Let’s measure well, but everything
Only a few days ago the press front page featured the impact it will have on the figures of GDP the methodological change in the elaboration of the National Accounts as a consequence of its adaptation to the European System of Accounts 2010 (ESA 2010), statistical improvements and other changes among which are the estimation…
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When industry catches a cold, the Basque Country goes into a coma
If the serious economic crisis that we still have upon us has been useful for anything, it is to be more aware of the importance of industry as the real engine of the Basque economy as a whole. With the rising economic cycle, our industry lost relative weight (it went from being 27.1% of GDP…
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The Biennial of Machine Tools, between the oasis and the mirage
These days are held in Bilbao the main trade fair of the city: the Spanish Machine Tool Biennial. A reference fair in the sector at a European level and even at an international level. There are two reasons to rejoice at this event. On the one hand, the Biennial shows these days at the BEC…
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Bizkaia Sustainable Energy Strategy
This week we received the publication of the Bizkaia Sustainable Energy Strategy (EESB 2020) approved by the Provincial Council. A political commitment in which a series of objectives and lines of work in terms of energy saving and efficiency are bravely addressed, as well as the promotion of renewables oriented both to the management of…
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Agreement, halfway between the social and the digital
It has been moving around for a while There is a very interesting project that we think may interest more than one of you. Acuerdo (http://acuerdo.us/) is a suggestive business proposal in the world of journalism. It proposes an innovative way of doing quality journalism through new narratives that take advantage of new technologies. The…
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Emissions trading: the changes ahead
There are less than 3 months to go before 2013 begins. A year that will bring important changes to the European Emissions Trading Scheme (EU ETS). Three are the newest elements. First. Imposition of increasingly demanding emission reduction targets for facilities in the affected sectors: power generation; petroleum refining; iron and steel industry; glass; lime;…
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For an open knowledge
The brand new winner of the 2013 Nobel Prize in Medicine, Randy Scheckman has declared his boycott of the three most prestigious scientific journals: Nature, Cell and Science. Scheckman has stated that his laboratory will no longer submit its articles to these journals (see
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Research and competitiveness. You have to move on in the relationship!
Currently, the main argument to politically defend the investment in science and technology and/or criticizing budget cuts in this area is very direct and easy to understand: investment in research will make our companies more competitive, it will help us get out of the crisis more quickly in which we are and will facilitate the…
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European industrial policy. Prioritize without forgetting where we are
The industrial policy debate is on. Breaking with the tradition of recent times, Europe has set a series of priority areas, on which it will foreseeably focus its main support instruments (See the document “A Stronger European Industry for Growth and Economic Recovery” here). Without waitingBruegel, one of the most prestigious European think tanks in…
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Build an innovative industry based on innovation
The decline of industry in developed countries is not a new trend or a consequence of the crisis. Since the 1970s or 1980s, manufacturing has progressively lost relative weight to the detriment of the services sector (see graph), but it is now that the industry begins to be really active on the political agenda of…