Noticias
The sharing economy brings tycoon lifestyles within reach of some
LAMENTING the rise of inequality is one of the few growth industries in an age of stagnation. One authority on the American wealthy, Robert Frank of CNBC, a TV channel, worries that the rich are “floating off” into their own country. Chrystia Freeland, a journalist-turned-politician, frets about the rise of the “new global super-rich” and the fall of everyone else. Charles Murray, America’s gloomiest social scientist, warns that society is “coming apart” as the rich retreat into their gated communities.
At the top of the income scale, however, a small counter-trend is observable. Never before have so many people been able to get access to the accoutrements of tycoonery—private planes, luxury yachts, fancy cars and interior-designed, exclusive homes. There is only so much comfort to be had from the fact that it is easier for the merely rich to lay claim to the lifestyle of the super-rich. But as a result of a combination of new technologies and businesses, that is nonetheless what is happening.
Tycoon living begins with a private jet. Whereas yachts are dispensable (not everyone wants to float around for weeks with the…Continue reading
The changing face of global trade
TRADE has changed a lot in the last 25 years. Indeed, we are still struggling to understand why trade growth was so rapid before the 2008 crisis, and has been relatively sluggish since. Richard Baldwin’s new book «The Great Convergence: Information Technology and the New Globalization» was reviewed in last week’s issue (and here are the thoughts of the FT’s Martin Wolf). But the book is so important that it is worth looking again at some of its insights.
The first is that we tend to think of competitiveness of individual states (particularly in an era of populist nationalism) – the US is competing against China and Germany. But goods are no longer assembled entirely within the bounds of one factory in one country. Instead, many goods are assembled in «global value chains» in which products are designed in one country, but made from parts built in several countries and assembled in another country. As Mr Baldwin…Continue reading
Felipe VI inaugura la nueva planta de Campofrío levantada tras el incendio
El Rey visita la fábrica que sustituye la que ardió hace dos años y en la que casi 900 empleados vuelven al trabajo
«La apuesta de los accionistas mexicanos en Popular es a largo plazo»
Jaime Ruiz Sacristán, consejero del banco que representa al grupo de inversores aztecas, muestra su confianza en el futuro. Leer
Montoro anuncia un nuevo plan de lucha contra el fraude fiscal
El ministro de Hacienda explica que reforzará el control de las liquidaciones de IVA y limitará los aplazamientos de los pagos a la Agencia Tributaria
Bruselas propone nuevas normas para reforzar el capital de los bancos
La propuesta de la Comisión Europea contiene salvaguardas para minimizar el impacto en el crédito a pymes y a infraestructuras. Leer