External authors

David Martínez Turégano

Former Staff Economist at Bank of Spain

He holds a M. Sc. in Economics and Finance from Centro de Estudios Monetarios y Financieros (CEMFI) of the Bank of Spain.

He has fifteen years’ professional experience in applied macroeconomic analysis, first developed in research departments at private financial institutions –BBVA among others- and later at the institutional level, supporting policy making. He is a former Staff Economist at Bank of Spain.

His research agenda has covered diverse areas, including, among those more relevant, the identification of drivers and obstacles for long-term economic growth, the analysis of determinants for competitiveness and international trade, as well as the assessment of global economic transformations and their implications for demand and production capabilities.

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Blog Post

Europe is losing competitiveness in global value chains while China surges

The European Union owes much of its economic weight to its regional value chain and integration into the global value chain. But the EU’s global value chain role is shrinking, and while EU trade integration with China is increasing, it is mainly to China’s benefit, undermining the EU’s external competitiveness.

By: Alicia García-Herrero and David Martínez Turégano Topic: Global economy and trade Date: November 27, 2020
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Blog Post

Who would bet on currency unions after EMU crisis?

The European Monetary Union (EMU) was founded with the idea that nominal convergence would bring real convergence, but structural differences between members have proven wide enough to generate lasting asymmetric negative shocks across the euro area.

By: Alicia García-Herrero, David Martínez Turégano and Bruegel Topic: Global economy and trade Date: March 29, 2017
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External Publication

Financial inclusion, rather than size, is the key to tackling income inequality

In this paper we assess empirically whether financial inclusion contributes to reducing income inequalitywhen controlling for other key factors, such as economic development and fiscal policy.

By: Alicia García-Herrero, David Martínez Turégano and Bruegel Topic: Banking and capital markets Date: February 15, 2015