Author name: Darío Cuervo

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Launchers and Space Transportation: Critical Infrastructure for the New Orbital Economy

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At the heart of the space economy lies the launcher and orbital transportation subsector. Far more than just lift-off vectors, these systems represent the gateway to off-planet activity. They enable the placement of satellites, payloads, crewed missions, and scientific experiments into low Earth orbit (LEO), medium Earth orbit (MEO), geostationary orbit (GEO), and even interplanetary […]

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Toward a New Global Economic Architecture: Six Vectors of Systemic Transformation

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The global economy is not experiencing a cyclical crisis but rather a structural reconfiguration. This new order does not originate from a single source but from the convergence of five major vectors of transformation—demographic, technological, energy-related, institutional, and geopolitical—identified in early 2025 by BlackRock’s economics team. These forces are reshaping the foundations of growth, international

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Demographics and Borders: How Aging and Migration Are Redrawing the New Global Economic Framework

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The global economy is undergoing a structural turning point driven by two simultaneous demographic trends: the rapid aging of the population in both developed and emerging economies, and the tightening of migration policies across multiple regions. This article analyzes the economic implications of both phenomena, focusing on two critical dimensions: labor supply and the transformation

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Implications of Digitalization on Monetary Policy

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The digitalization of the financial system represents one of the most profound and disruptive transformations in the recent history of the global economy. Driven by exponential technological advances, this evolution has introduced new dynamics in financial intermediation, diversified payment methods, and challenged the monetary authority of Central Banks through the proliferation of decentralized instruments. Emerging

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Financial Digitalization, Profound Impacts on Today’s Society—and the One to Come

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Financial digitalization has profoundly transformed the global economic landscape, affecting businesses, families, individuals, and especially traditional financial institutions. The ability to carry out financial transactions using only smartphones has simplified processes, increased financial inclusion, and encouraged innovation across the sector. Fintechs—companies that merge finance and technology—have played a central role in this shift. They’ve contributed

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Spaceports in the United States: Gateways to the Future of Space and Technologies for Launch Efficiency

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  Over the past decade, space exploration has experienced an unprecedented renaissance, driven by both government agencies and a growing private industry. In this context, spaceports in the United States have emerged as crucial nodes for modern space operations. These ports not only facilitate rocket launches but are also designed to support a variety of

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The Companies Dominating the Space Economy: The Present and Future of the Space Business 

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Space exploration is no longer solely a governmental effort. In recent decades, the private sector has taken a leading role in expanding the space economy, creating an ecosystem of companies ranging from rocket launch providers to satellite telecommunications and space tourism enterprises. While companies like SpaceX and Blue Origin have garnered the most media attention,

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The Space Economy: A Growing Market 

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Space exploration and development have transitioned from being an exclusive competition between governments to becoming a rapidly growing commercial industry. The so-called “Space Economy” encompasses all economic activities related to the exploration, development, and utilization of outer space. Today, this sector is increasingly driven by private investment, technological innovation, and the growing need for space

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