annual report - Ivie

1. THE INSTITUTE’S MAIN OBJECTIVES
The Instituto Valenciano de Investigaciones Económicas (Ivie) —Valencian Institute of Economic Research—
was created in 1990 by the Generalitat Valenciana —The Valencian Regional Government— as a public
institution, in order to promote and develop economic research and to project it at a national and international
level.
The Ivie was founded in 1990 by the Generalitat Valenciana (Valencian Regional Government) and now enjoys
company status with the participation of capital from Bankia, Ford-Spain, BBVA Foundation, CAM Foundation,
Cañada Blanch Foundation, and Cajas de Ahorros Foundation (Funcas).
The Ivie has two main aims. The first is the consolidation of teams of specialists who are able to ensure
continued production in lines of economic research of general interest. The second is to contribute to the
establishment of links between research work and the decisions of economic agents. Many of these decisions
require careful analysis of the available alternatives, based on the results of research, the quality of the
statistical information and the experience of specialists as evaluators of such alternatives. For this reason, the
Ivie also offers technical advice on economic matters to any private institution or company that requests it.
To achieve its aims, the Ivie is organized into a general services area and various lines of theoretical and
applied research. Their development rests mainly on the work of the Institute’s researchers, all of whom have
wide academic experience.
Furthermore, in order to carry out its projects, the Ivie develops links with researchers from Valencian
Universities by signing collaboration agreements with them, supporting the Economic Research Teams of the
University Departments in the achievement of their activities and promoting the social use of the research effort.
The Ivie started its activities in November 1990. Since then it has received sponsorship from the collaboration
agreement signed with the Conselleria d’Economia I Hisenda (Regional Government Department of Economy
and Finance), thanks to which it carries out activities for the promotion of economic research, both theoretical
and applied. The remainder of the Ivie’s activities are financed through the relevant partnership agreements or
contracts with various public and private institutions in Spain, Europe and America.
The Institute’s main objectives 7