Agenda

Solemn Session in Helsinki

09/02/2012

Solemn Session in Helsinki of the Royal Academy of Economics and Financial Sciences of Spain (RACEF) and the Finnish Institute of International Affairs under the theme "Governing European economies. The financial crisis and its challenges." The session will be held in the Auditorium of the Bank of Finland (Helsinki). Tarja Halonen, President of Finland, will receive the Medal of Honor of the RACEF.

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News

The RACEF calls for the revision of the tools for economic forecasting

19/01/2012

Academicians of the Real Academia de Ciencias Económicas y Financieras (RACEF) Alfonso Rodríguez Rodríguez and Juan Hortalà have called for a revision and up-dating of the tools for economic forecasting and of the indices with which the market operates, during the presentation of the book “El ciclo real vs el ciclo financiero. Un análisis comparativo para el caso español” [The actual cycle vs the financial cycle. A comparative analysis for the Spanish case], which took place this afternoon in Barcelona. The work includes the conclusions of the seminar on anti-cyclical policy organised by the First Section of the RACEF, presided over by Rodríguez Rodríguez.

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Manuel Fraga, RACEF Corresponding Academician since 1962 passed away in his 89th year

16/01/2012

Manuel Fraga Iribarne, Corresponding Academician for Lugo (Galicia) of the Real Academia de Ciencias Económicas y Financieras (RACEF) since 1962, passed away last night at his home in Madrid in his 89th year. The RACEF deeply regrets his passing away and sends it’s most sincere condolences to his family and deeply appreciates his dedication to the Royal Corporation from the time of his admission as a member right up to the last.

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Gil Aluja becomes the Spanish economist with the most awards with a total of 24 Honoris Causa degrees

22/12/2011

The president of the Real Academia de Ciencias Económicas y Financieras of Spain (RACEF), Jaime Gil Aluja this afternoon became the Spanish economist with the most awards after receiving from the University Odfiar Yurdu of Baku (Azberjaian) his twenty fourth “Honoris Causa” Doctorate. Gil Aluja is also the only Spanish researcher to be nominated for the Nobel Prize for Economy.

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RACEF approves the admission of three new Academicians

15/12/2011

The general Meeting of the Real Academia de Ciencias Económicas y Financieras of Spain (RACEF) held this afternoon in Barcelona approved the admission as Foreign and Corresponding Members of the Magistrate of the Constitutional Court Eugenio Gay Montalvo, of teacher and researcher Federico González Santoyo, for Mexico, and of the President of the Academy of Sciences and Arts of Montenegro, Momir Djurovic, for the Balkan State. On a date to be determined the three elected Academy Members will make their respective admission speeches.

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Gil Aluja and Fainé, unanimously re-elected as President and Auditor of the RACEF

15/12/2011

Academicians Jaime Gil Aluja and Isidro Fainé were today unanimously re-elected as President and Auditor, respectively, of the Real Academia de Ciencias Económicas y Financieras (RACEF) at the General Meeting which was held this afternoon in Barcelona.

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Participants to the VII International Act of the RACEF propose that the EU open itself up in order to accelerate an exit from the crisis

24/11/2011

Participants to the VII International Act of the Real Academia de Ciencias Económicas y Financieras (RACEF), which was held this afternoon in Barcelona under the title of “Decide today in order to create the future of the Mediterranean” coincided with the fact that the countries of the Mediterranean region and its area of influence, even outside the frontiers of the European Union and of Europe itself working together, would allow for an acceleration of the process of leaving the crisis behind as it would open up new markets. The 10 statesmen, economists and researchers from as many countries who took part also stated that there should be a new framework of cooperation between the countries of the northern and southern shores of the Mediterranean and the ex European Soviet republics which would ease the flow of investments and labour within a framework of a common economic policy which would contribute specific solutions to the problems of each country.

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Aumann advises the future Spanish Government to implement a strong policy of tax reduction in order to get out of the crisis

10/11/2011

Robert J. Aumann, Nobel Prize winner for Economy in 2005, has insisted in Barcelona today that the candidates to the Presidency of the Spanish Government undertake a serious policy of tax reduction to take Spain out of the crisis and to generate employment. “To reduce taxes is not a neo-liberal mandate, it goes much further than any policy, it is pure logic – stated  Aumann-; if you increase taxes you encourage tax payers to cheat and to reduce their tax paying activities. If you lower taxes, you favour tax collection and end up by collecting more”. Aumann made these statements prior to his induction as Corresponding Member for Israel of the Real Academia de Ciencias Económicas y Financieras of Spain (RACEF).

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