The world economy is continuously exposed to structural macroeconomic shocks of different nature that impact with different intensity and direction on variables such as GDP, international trade, employment, competitiveness, etc.
Technical information:
The Global Business Cycle ObservatoryThe result of the work of the teachers José Bosca, Javier Ferri y Vicente PallardóIn addition, it assesses the structural factors that explain the cyclical behaviour of the world economy, estimating their contribution to the annual growth rate of macroeconomic variables, and analyses the weight of the main shocks that have affected the world economy. GDP and, in particular, the external sector.
