{"id":28918,"date":"2017-02-10T00:00:00","date_gmt":"2017-02-09T23:00:00","guid":{"rendered":"https:\/\/aeb.workingdemos.es\/actualidad\/te-interesa\/aeb-informa\/ciclos-financieros-y-economicos\/"},"modified":"2026-02-23T11:18:06","modified_gmt":"2026-02-23T10:18:06","slug":"ciclos-financieros-y-economicos","status":"publish","type":"blog-aeb","link":"https:\/\/aeb.workingdemos.es\/en\/actualidad\/te-interesa\/aeb-informa\/ciclos-financieros-y-economicos\/","title":{"rendered":"Ciclos financieros y econ\u00f3micos"},"content":{"rendered":"

Y estoy pensando en potenciales impactos en t\u00e9rminos de su duraci\u00f3n y de su magnitud. Por ejemplo, un factor ex\u00f3geno como la evoluci\u00f3n de los precios de la energ\u00eda. O tambi\u00e9n las reformas estructurales, acompa\u00f1adas de una mayor flexibilidad econ\u00f3mica. Inversiones p\u00fablicas en infraestructura, tambi\u00e9n es evidente. Naturalmente, no me olvido de la evoluci\u00f3n del tipo de cambio.<\/p>\n

\u00bfAlgo m\u00e1s? El m\u00e1s importante de todos en mi opini\u00f3n: las condiciones financieras. De hecho, les dir\u00e9 que poco a poco todos hemos ido asimilando con alegr\u00edas y disgustos que el ciclo del cr\u00e9dito es un factor determinante del ciclo econ\u00f3mico. Y si a\u00fan no lo tienen muy claro consideren el abultado tama\u00f1o alcanzado por la deuda y su contrapartida en el caso de la sobredimensi\u00f3n (en t\u00e9rminos relativos al tama\u00f1o del PIB mundial) de los mercados financieros internacionales.<\/p>\n

Leer el art\u00edculo del portavoz publicado en Inversi\u00f3n & Finanzas.<\/a><\/h6>\n","protected":false},"excerpt":{"rendered":"

\u00bfA\u00fan tienen dudas sobre la existencia de los ciclos econ\u00f3micos? Tras la Gran Recesi\u00f3n deber\u00edan haberlas superado. Aunque lo m\u00e1s probable es que ahora se cuestionen m\u00e1s bien qu\u00e9 factores influyen en los ciclos.<\/p>\n","protected":false},"featured_media":0,"parent":0,"template":"","etiquetas":[331,314,368],"categorias-blog":[117],"class_list":["post-28918","blog-aeb","type-blog-aeb","status-publish","hentry","etiquetas-creditos","etiquetas-mercados","etiquetas-politica-economica","categorias-blog-portavoz"],"yoast_head":"\nBlog AEB - Asociaci\u00f3n Espa\u00f1ola de Banca<\/title>\n<meta name=\"description\" content=\"\u00bfA\u00fan tienen dudas sobre la existencia de los ciclos econ\u00f3micos? 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