{"id":883,"date":"2016-09-19T10:40:11","date_gmt":"2016-09-19T08:40:11","guid":{"rendered":"https:\/\/miguelsdp.wordpress.com\/?p=883"},"modified":"2021-03-22T19:58:33","modified_gmt":"2021-03-22T18:58:33","slug":"esos-bancos-en-los-que-confiamos","status":"publish","type":"post","link":"https:\/\/oxvalue.eu\/blog\/economia\/esos-bancos-en-los-que-confiamos\/","title":{"rendered":"Esos bancos en los que confiamos"},"content":{"rendered":"

El 23 de julio de 2010 marc\u00f3 un antes. El despu\u00e9s lo estamos viviendo y padeciendo en lo que se refiere al factor confianza<\/strong> que hasta entonces merec\u00eda nuestro sector financiero<\/strong>, supervisor incluido, y las tradicionales Cajas de Ahorros<\/strong>, hoy en su mayor\u00eda convertidas en sociedades bancarias (siete entidades bancarias que integran treinta y cuatro de las antiguas Cajas) amalgamadas m\u00e1s por cuestiones de conveniencia pol\u00edtica<\/strong> que por razones de eficiencia, utilidad p\u00fablica<\/strong> o competencia de mercado<\/strong>. Otras nueve fueron valiosos trofeos adquiridos por tres bancos privados<\/strong> interesados en expandir<\/strong> su negocio. Al d\u00eda de hoy, \u00fanicamente dos Cajas<\/strong>, mantienen con valent\u00eda no exenta de dificultad su configuraci\u00f3n y modelo de negocio tradicional<\/strong>.<\/p>\n

En esa fecha, el Banco de Espa\u00f1a<\/strong> public\u00f3 por primera vez las famosas \u201cpruebas de estr\u00e9s<\/strong>\u201d que acordaron llevar a cabo la Comisi\u00f3n Europea<\/strong> junto a las autoridades europeas de<\/strong> supervisi\u00f3n<\/strong> y el Banco Central Europeo<\/strong>.<\/p>\n

En el caso espa\u00f1ol, las pruebas de esfuerzo<\/strong> fueron aplicadas a la totalidad de bancos y cajas<\/strong> de ahorros<\/strong>, con el resultado \u201coficial\u201d de cinco suspensos (agrupados en doce Cajas) y veintid\u00f3s entidades que aprobaron las pruebas. La metodolog\u00eda aplicada en la medici\u00f3n del 6% de capital b\u00e1sico exigible<\/strong>, conten\u00eda una componente <\/strong>que pasar\u00eda inadvertida<\/strong> en primera lectura de los datos revelados por Banco de Espa\u00f1a. Esta componente, se refer\u00eda a la posici\u00f3n de activos fiscales diferidos<\/strong> (importes a compensar en las cuotas futuras del Impuesto de Sociedades por beneficios generados en a\u00f1os venideros).<\/p>\n

El \u201cmatiz\u201d de deducir los activos fiscales diferidos<\/strong> del capital b\u00e1sico \u2013Tier 1<\/strong>-, dar\u00eda como resultado el a\u00f1adir otros doce grupos bancarios<\/strong> (dos bancos y veintiocho Cajas) a la lista de cinco suspensos, lo que hubiera significado reconocer el fracaso del sistema bancario espa\u00f1ol<\/strong>, en toda su dimensi\u00f3n, desde su regulaci\u00f3n<\/strong>, a la cuestionada supervisi\u00f3n<\/strong> y su deficiente gobernanza corporativa<\/strong>. Esta mezcla de ingredientes, bien hubiera podido disparar en los mercados el llamado \u201cefecto domin\u00f3\u201d, provocando entre otros efectos adversos, salidas masivas de dep\u00f3sitos (corralitos), colapso del mercado interbancario, quiebra de entidades, aumento de la prima de riesgo soberano, contagio a otras jurisdicciones.<\/p>\n

Las necesidades adicionales de capital derivadas de este an\u00e1lisis primario, sin modificar el resto de par\u00e1metros del modelo, requerir\u00eda de 10.021 billones de euros a sumar a la ya abultada cuenta de la recapitalizaci\u00f3n de las entidades<\/strong> que se planteaba en el verano de 2010.<\/p>\n

Apenas siete meses despu\u00e9s<\/strong>, el gobierno<\/strong> aprob\u00f3 una bater\u00eda de medidas para reforzar el sistema financiero<\/strong> (el cual aparec\u00eda hasta entonces como s\u00f3lido y resistente<\/strong> ante todo tipo de pruebas de esfuerzo y escenarios adversos), entre las que se inclu\u00eda la subida al 8% de la ratio m\u00ednima de capital principal<\/strong> (6% en las pruebas de julio 2010). El incremento de capital adicional, llegaba a 15.152 billones de euros, si bien la cifra lo era en condiciones estrictamente de regulaci\u00f3n bancaria<\/strong>, sin estar condicionada por adversos escenarios de estr\u00e9s tal como se refer\u00edan las cifras de julio 2010.<\/p>\n

Un a\u00f1o m\u00e1s tarde, el 20 de julio de 2011, la Comisi\u00f3n Europea en su documento de trabajo SEC(2011) 953, expondr\u00eda lo siguiente:<\/p>\n

\u201cInadecuada vigilancia del riesgo por parte de los \u00f3rganos de direcci\u00f3n<\/strong>. En muchos casos, los \u00f3rganos de direcci\u00f3n no pod\u00edan oponerse a la decisiones estrat\u00e9gicas de la direcci\u00f3n ejecutiva, o eran remisos a hacerlo. A menudo, ello se deb\u00eda a la falta de dedicaci\u00f3n<\/strong> y de conocimientos<\/strong> especializados de los \u00f3rganos de direcci\u00f3n<\/strong> de las entidades de cr\u00e9dito<\/strong>.\u201d<\/p>\n

La Comisi\u00f3n se hac\u00eda eco de uno de los males end\u00e9micos<\/strong> que vienen afectando a las entidades financieras europeas<\/strong>. Males maximizados por la actual y ya duradera coyuntura de tipos de inter\u00e9s extraordinariamente bajos y abundante liquidez<\/strong> en los mercados, generada en gran medida por los continuos super\u00e1vits comerciales de algunas econom\u00edas emergentes, caso de China o pa\u00edses del Golfo.<\/p>\n

Adi\u00f3s Cajas de Ahorros<\/strong>, merecisteis por muchos a\u00f1os la confianza del peque\u00f1o ahorrador<\/strong>, del peque\u00f1o y mediano empresario<\/strong>. Merecisteis mejor fortuna<\/strong>, mejores gestores<\/strong>, mejor gobernanza<\/strong>, mayor control<\/strong>.<\/p>\n

\"Licencia<\/a>
\nEste obra cuyo autor es Miguel S\u00e1nchez de Pedro<\/a> est\u00e1 bajo una licencia de Reconocimiento-NoComercial-CompartirIgual 4.0 Internacional de Creative Commons<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

El 23 de julio de 2010 marc\u00f3 un antes. El despu\u00e9s lo estamos viviendo y padeciendo en lo que se … More<\/a><\/p>\n","protected":false},"author":1,"featured_media":891,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[11],"tags":[],"class_list":{"0":"post-883","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-economia","8":"","10":"fallback-thumbnail"},"yoast_head":"\nEsos bancos en los que confiamos - OPINANDO FUERA DEL TIESTO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/oxvalue.eu\/blog\/economia\/esos-bancos-en-los-que-confiamos\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Esos bancos en los que confiamos - OPINANDO FUERA DEL TIESTO\" \/>\n<meta property=\"og:description\" content=\"El 23 de julio de 2010 marc\u00f3 un antes. El despu\u00e9s lo estamos viviendo y padeciendo en lo que se … More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/oxvalue.eu\/blog\/economia\/esos-bancos-en-los-que-confiamos\/\" \/>\n<meta property=\"og:site_name\" content=\"OPINANDO FUERA DEL TIESTO\" \/>\n<meta property=\"article:published_time\" content=\"2016-09-19T08:40:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-03-22T18:58:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i2.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2016\/09\/img_1707.jpg?fit=709%2C605&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"709\" \/>\n\t<meta property=\"og:image:height\" content=\"605\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@OxValue\" \/>\n<meta name=\"twitter:site\" content=\"@OxValue\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tiempo de lectura\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/economia\\\/esos-bancos-en-los-que-confiamos\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/economia\\\/esos-bancos-en-los-que-confiamos\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/#\\\/schema\\\/person\\\/14449b7658bfffd8cb56042db7695bf2\"},\"headline\":\"Esos bancos en los que confiamos\",\"datePublished\":\"2016-09-19T08:40:11+00:00\",\"dateModified\":\"2021-03-22T18:58:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/economia\\\/esos-bancos-en-los-que-confiamos\\\/\"},\"wordCount\":739,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/economia\\\/esos-bancos-en-los-que-confiamos\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/oxvalue.eu\\\/blog\\\/wp-content\\\/uploads\\\/2016\\\/09\\\/img_1707.jpg?fit=709%2C605&ssl=1\",\"articleSection\":[\"ECONOM\u00cdA\"],\"inLanguage\":\"es\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/economia\\\/esos-bancos-en-los-que-confiamos\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/economia\\\/esos-bancos-en-los-que-confiamos\\\/\",\"url\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/economia\\\/esos-bancos-en-los-que-confiamos\\\/\",\"name\":\"Esos bancos en los que confiamos - OPINANDO FUERA DEL TIESTO\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/economia\\\/esos-bancos-en-los-que-confiamos\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/economia\\\/esos-bancos-en-los-que-confiamos\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/oxvalue.eu\\\/blog\\\/wp-content\\\/uploads\\\/2016\\\/09\\\/img_1707.jpg?fit=709%2C605&ssl=1\",\"datePublished\":\"2016-09-19T08:40:11+00:00\",\"dateModified\":\"2021-03-22T18:58:33+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/economia\\\/esos-bancos-en-los-que-confiamos\\\/#breadcrumb\"},\"inLanguage\":\"es\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/economia\\\/esos-bancos-en-los-que-confiamos\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"es\",\"@id\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/economia\\\/esos-bancos-en-los-que-confiamos\\\/#primaryimage\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/oxvalue.eu\\\/blog\\\/wp-content\\\/uploads\\\/2016\\\/09\\\/img_1707.jpg?fit=709%2C605&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/oxvalue.eu\\\/blog\\\/wp-content\\\/uploads\\\/2016\\\/09\\\/img_1707.jpg?fit=709%2C605&ssl=1\",\"width\":709,\"height\":605},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/economia\\\/esos-bancos-en-los-que-confiamos\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Portada\",\"item\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Esos bancos en los que confiamos\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/\",\"name\":\"OPINANDO FUERA DEL TIESTO\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"es\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/#organization\",\"name\":\"OxValue Advisers SL\",\"url\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"es\",\"@id\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/oxvalue.eu\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/OXVALUE_LOGO_X_WEB_01062020.png?fit=152%2C152&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/oxvalue.eu\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/OXVALUE_LOGO_X_WEB_01062020.png?fit=152%2C152&ssl=1\",\"width\":152,\"height\":152,\"caption\":\"OxValue Advisers SL\"},\"image\":{\"@id\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/x.com\\\/OxValue\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/oxvalue.eu\\\/blog\\\/#\\\/schema\\\/person\\\/14449b7658bfffd8cb56042db7695bf2\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"es\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/aecef745c9fea5a988a65efd0a62a8813d8c6768d641bef927500fb33484deb2?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/aecef745c9fea5a988a65efd0a62a8813d8c6768d641bef927500fb33484deb2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/aecef745c9fea5a988a65efd0a62a8813d8c6768d641bef927500fb33484deb2?s=96&d=mm&r=g\",\"caption\":\"admin\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Esos bancos en los que confiamos - OPINANDO FUERA DEL TIESTO","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/oxvalue.eu\/blog\/economia\/esos-bancos-en-los-que-confiamos\/","og_locale":"es_ES","og_type":"article","og_title":"Esos bancos en los que confiamos - OPINANDO FUERA DEL TIESTO","og_description":"El 23 de julio de 2010 marc\u00f3 un antes. El despu\u00e9s lo estamos viviendo y padeciendo en lo que se … More","og_url":"https:\/\/oxvalue.eu\/blog\/economia\/esos-bancos-en-los-que-confiamos\/","og_site_name":"OPINANDO FUERA DEL TIESTO","article_published_time":"2016-09-19T08:40:11+00:00","article_modified_time":"2021-03-22T18:58:33+00:00","og_image":[{"width":709,"height":605,"url":"https:\/\/i2.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2016\/09\/img_1707.jpg?fit=709%2C605&ssl=1","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_creator":"@OxValue","twitter_site":"@OxValue","twitter_misc":{"Escrito por":"admin","Tiempo de lectura":"4 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/oxvalue.eu\/blog\/economia\/esos-bancos-en-los-que-confiamos\/#article","isPartOf":{"@id":"https:\/\/oxvalue.eu\/blog\/economia\/esos-bancos-en-los-que-confiamos\/"},"author":{"name":"admin","@id":"https:\/\/oxvalue.eu\/blog\/#\/schema\/person\/14449b7658bfffd8cb56042db7695bf2"},"headline":"Esos bancos en los que confiamos","datePublished":"2016-09-19T08:40:11+00:00","dateModified":"2021-03-22T18:58:33+00:00","mainEntityOfPage":{"@id":"https:\/\/oxvalue.eu\/blog\/economia\/esos-bancos-en-los-que-confiamos\/"},"wordCount":739,"commentCount":1,"publisher":{"@id":"https:\/\/oxvalue.eu\/blog\/#organization"},"image":{"@id":"https:\/\/oxvalue.eu\/blog\/economia\/esos-bancos-en-los-que-confiamos\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2016\/09\/img_1707.jpg?fit=709%2C605&ssl=1","articleSection":["ECONOM\u00cdA"],"inLanguage":"es","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/oxvalue.eu\/blog\/economia\/esos-bancos-en-los-que-confiamos\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/oxvalue.eu\/blog\/economia\/esos-bancos-en-los-que-confiamos\/","url":"https:\/\/oxvalue.eu\/blog\/economia\/esos-bancos-en-los-que-confiamos\/","name":"Esos bancos en los que confiamos - OPINANDO FUERA DEL TIESTO","isPartOf":{"@id":"https:\/\/oxvalue.eu\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/oxvalue.eu\/blog\/economia\/esos-bancos-en-los-que-confiamos\/#primaryimage"},"image":{"@id":"https:\/\/oxvalue.eu\/blog\/economia\/esos-bancos-en-los-que-confiamos\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2016\/09\/img_1707.jpg?fit=709%2C605&ssl=1","datePublished":"2016-09-19T08:40:11+00:00","dateModified":"2021-03-22T18:58:33+00:00","breadcrumb":{"@id":"https:\/\/oxvalue.eu\/blog\/economia\/esos-bancos-en-los-que-confiamos\/#breadcrumb"},"inLanguage":"es","potentialAction":[{"@type":"ReadAction","target":["https:\/\/oxvalue.eu\/blog\/economia\/esos-bancos-en-los-que-confiamos\/"]}]},{"@type":"ImageObject","inLanguage":"es","@id":"https:\/\/oxvalue.eu\/blog\/economia\/esos-bancos-en-los-que-confiamos\/#primaryimage","url":"https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2016\/09\/img_1707.jpg?fit=709%2C605&ssl=1","contentUrl":"https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2016\/09\/img_1707.jpg?fit=709%2C605&ssl=1","width":709,"height":605},{"@type":"BreadcrumbList","@id":"https:\/\/oxvalue.eu\/blog\/economia\/esos-bancos-en-los-que-confiamos\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Portada","item":"https:\/\/oxvalue.eu\/blog\/"},{"@type":"ListItem","position":2,"name":"Esos bancos en los que confiamos"}]},{"@type":"WebSite","@id":"https:\/\/oxvalue.eu\/blog\/#website","url":"https:\/\/oxvalue.eu\/blog\/","name":"OPINANDO FUERA DEL TIESTO","description":"","publisher":{"@id":"https:\/\/oxvalue.eu\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/oxvalue.eu\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"es"},{"@type":"Organization","@id":"https:\/\/oxvalue.eu\/blog\/#organization","name":"OxValue Advisers SL","url":"https:\/\/oxvalue.eu\/blog\/","logo":{"@type":"ImageObject","inLanguage":"es","@id":"https:\/\/oxvalue.eu\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2021\/03\/OXVALUE_LOGO_X_WEB_01062020.png?fit=152%2C152&ssl=1","contentUrl":"https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2021\/03\/OXVALUE_LOGO_X_WEB_01062020.png?fit=152%2C152&ssl=1","width":152,"height":152,"caption":"OxValue Advisers SL"},"image":{"@id":"https:\/\/oxvalue.eu\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/OxValue"]},{"@type":"Person","@id":"https:\/\/oxvalue.eu\/blog\/#\/schema\/person\/14449b7658bfffd8cb56042db7695bf2","name":"admin","image":{"@type":"ImageObject","inLanguage":"es","@id":"https:\/\/secure.gravatar.com\/avatar\/aecef745c9fea5a988a65efd0a62a8813d8c6768d641bef927500fb33484deb2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/aecef745c9fea5a988a65efd0a62a8813d8c6768d641bef927500fb33484deb2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/aecef745c9fea5a988a65efd0a62a8813d8c6768d641bef927500fb33484deb2?s=96&d=mm&r=g","caption":"admin"}}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2016\/09\/img_1707.jpg?fit=709%2C605&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9Kl7h-ef","jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":135,"url":"https:\/\/oxvalue.eu\/blog\/pensiones\/jubilacion-activa-reforma-necesaria-y-urgente\/","url_meta":{"origin":883,"position":0},"title":"Jubilaci\u00f3n activa – una reforma necesaria y urgente","author":"admin","date":"28 diciembre 2016","format":false,"excerpt":"Actualmente vivimos m\u00e1s y en mejores condiciones. En los \u00faltimos 20 a\u00f1os, la esperanza de vida de los hombres espa\u00f1oles se ha prolongado en 5,6 a\u00f1os, es decir, hasta los 80,1. Y por su parte, la de las mujeres en 4 a\u00f1os, hasta los 85,6. La longevidad est\u00e1 aumentando, y\u2026","rel":"","context":"En \u00abECONOM\u00cdA\u00bb","block_context":{"text":"ECONOM\u00cdA","link":"https:\/\/oxvalue.eu\/blog\/category\/economia\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2018\/02\/retirement.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2018\/02\/retirement.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2018\/02\/retirement.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2018\/02\/retirement.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":1425,"url":"https:\/\/oxvalue.eu\/blog\/buen-gobierno\/seguridad-social-una-propuesta-atrevida-2\/","url_meta":{"origin":883,"position":1},"title":"Seguridad Social, una propuesta disruptiva","author":"admin","date":"26 julio 2018","format":"image","excerpt":"Un nuevo factor de incertidumbre, a modo de nubarr\u00f3n amenazante, est\u00e1 asom\u00e1ndose en nuestro ya de por s\u00ed suficientemente atribulado horizonte econ\u00f3mico.","rel":"","context":"En \u00abBuen Gobierno\u00bb","block_context":{"text":"Buen Gobierno","link":"https:\/\/oxvalue.eu\/blog\/category\/buen-gobierno\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2018\/07\/fondo-reserva-20171.png?fit=571%2C509&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2018\/07\/fondo-reserva-20171.png?fit=571%2C509&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2018\/07\/fondo-reserva-20171.png?fit=571%2C509&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":200,"url":"https:\/\/oxvalue.eu\/blog\/economia\/seguridad-social-una-propuesta-atrevida\/","url_meta":{"origin":883,"position":2},"title":"Seguridad Social, una propuesta disruptiva","author":"admin","date":"25 junio 2016","format":false,"excerpt":"Un nuevo factor de incertidumbre, a modo de nubarr\u00f3n amenazante, est\u00e1 asom\u00e1ndose en nuestro ya de por s\u00ed suficientemente atribulado horizonte econ\u00f3mico.","rel":"","context":"En \u00abDEUDA P\u00daBLICA\u00bb","block_context":{"text":"DEUDA P\u00daBLICA","link":"https:\/\/oxvalue.eu\/blog\/category\/deuda-publica\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2018\/02\/fondo-reserva-20163.png?fit=669%2C505&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2018\/02\/fondo-reserva-20163.png?fit=669%2C505&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2018\/02\/fondo-reserva-20163.png?fit=669%2C505&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":85,"url":"https:\/\/oxvalue.eu\/blog\/deuda-publica\/un-paseo-por-la-economia-espanola-octubre-2009-revisitado-octubre-2015\/","url_meta":{"origin":883,"position":3},"title":"Un paseo por la econom\u00eda espa\u00f1ola, octubre 2009 – revisitado octubre 2015","author":"admin","date":"30 octubre 2015","format":false,"excerpt":"Perm\u00edteme que comparta contigo mi art\u00edculo escrito originalmente en ingl\u00e9s bajo el t\u00edtulo Spain, a walk through the economy publicado en octubre de 2009 (1). Hoy 6 a\u00f1os m\u00e1s tarde, la relectura del an\u00e1lisis de situaci\u00f3n econ\u00f3mica muestra su plena validez confirmando que la crisis que ya se avizoraba, el\u2026","rel":"","context":"En \u00abDEUDA P\u00daBLICA\u00bb","block_context":{"text":"DEUDA P\u00daBLICA","link":"https:\/\/oxvalue.eu\/blog\/category\/deuda-publica\/"},"img":{"alt_text":"Licencia de Creative Commons","src":"https:\/\/i0.wp.com\/i.creativecommons.org\/l\/by-nc-sa\/4.0\/88x31.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":1108,"url":"https:\/\/oxvalue.eu\/blog\/economia\/espana-un-paseo-por-su-economia\/","url_meta":{"origin":883,"position":4},"title":"Espa\u00f1a, un paseo por su econom\u00eda","author":"admin","date":"11 enero 2018","format":false,"excerpt":"Traducci\u00f3n del original en ingl\u00e9s Spain, A Walk Through the Economy (October 2, 2009) disponible en SSRN: https:\/\/ssrn.com\/abstract=1526164 o http:\/\/dx.doi.org\/10.2139\/ssrn.1526164 Resumen Las pol\u00edticas econ\u00f3micas del Sr. Rodr\u00edguez Zapatero auspiciadas por su vicepresidente econ\u00f3mico Sr. Solbes, demostraron ser inconsistentes, err\u00e1ticas e insostenibles. Las declaraciones p\u00fablicas de ambos respecto al reconocimiento de\u2026","rel":"","context":"En \u00abECONOM\u00cdA\u00bb","block_context":{"text":"ECONOM\u00cdA","link":"https:\/\/oxvalue.eu\/blog\/category\/economia\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":359,"url":"https:\/\/oxvalue.eu\/blog\/economia\/economia-circular-nuevo-paradigma-del-s-xxi\/","url_meta":{"origin":883,"position":5},"title":"\u00bfEconom\u00eda circular, nuevo paradigma del s.XXI?","author":"admin","date":"23 junio 2016","format":false,"excerpt":"En los \u00faltimos meses, y afortunadamente cada d\u00eda con mayor frecuencia y profundidad, estamos asistiendo a la diseminaci\u00f3n del, en mi opini\u00f3n, nuevo paradigma econ\u00f3mico que significa la Econom\u00eda Circular. El modelo de Econom\u00eda Circular propone la transici\u00f3n del concepto de \u201cfinal de vida\u201d que lleva impl\u00edcito el actual modelo\u2026","rel":"","context":"En \u00abDEUDA P\u00daBLICA\u00bb","block_context":{"text":"DEUDA P\u00daBLICA","link":"https:\/\/oxvalue.eu\/blog\/category\/deuda-publica\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2016\/06\/ia_make-use-reuse.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2016\/06\/ia_make-use-reuse.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2016\/06\/ia_make-use-reuse.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2016\/06\/ia_make-use-reuse.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2016\/06\/ia_make-use-reuse.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/oxvalue.eu\/blog\/wp-content\/uploads\/2016\/06\/ia_make-use-reuse.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/oxvalue.eu\/blog\/wp-json\/wp\/v2\/posts\/883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/oxvalue.eu\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/oxvalue.eu\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/oxvalue.eu\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/oxvalue.eu\/blog\/wp-json\/wp\/v2\/comments?post=883"}],"version-history":[{"count":1,"href":"https:\/\/oxvalue.eu\/blog\/wp-json\/wp\/v2\/posts\/883\/revisions"}],"predecessor-version":[{"id":1449,"href":"https:\/\/oxvalue.eu\/blog\/wp-json\/wp\/v2\/posts\/883\/revisions\/1449"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/oxvalue.eu\/blog\/wp-json\/wp\/v2\/media\/891"}],"wp:attachment":[{"href":"https:\/\/oxvalue.eu\/blog\/wp-json\/wp\/v2\/media?parent=883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/oxvalue.eu\/blog\/wp-json\/wp\/v2\/categories?post=883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/oxvalue.eu\/blog\/wp-json\/wp\/v2\/tags?post=883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}