Wouter joined RaboResearch Global Economics & Markets in 2020, where he focusses on ASEAN, Australia and New Zealand.
Wouter analysed the ASEAN, Australian and New Zealand economies from a macro-economicperspective. In addition Wouter covered FX of Indonesia, Philippines, Malaysia, Thailand & Vietnam. Providing short & long term view on these currencies. This included writing reports on the latest developments in the region as well as on global topics impacting aforementioned countries.
Previously, Wouter worked for Rabobank as Strategic Advisor on public private networks and international trade development. Wouter holds two master degrees: Urban, Port & Transport Economics and Strategy & Entrepreneurship Economics, both at Erasmus University.
Economic Quarterly Report Dutch version
We expect the global economy to contract by 3.8% in 2020 and a recovery in 2021 of 4.5%. COVID vaccines will enable the economic recovery, although availability and distribution will vary globally. Economic challenges remain in form of divergent growth between sectors, Brexit, a growing share of ‘zombie firms’ and US-China trade tensions.
Special
Indonesia is being hit relatively hard by COVID-19 infections compared to other Asian Emerging Markets. The lingering effects of the pandemic put a brake on a swift economic recovery. Therefore we expect a contraction of GDP of 2.6% in 2020.
Economic Report
Hoe verhoudt de Nederlandse noodsteun zich tot die van andere landen? Voor wat betreft onze directe overheidssteun is die vergelijkbaar, maar ons kabinet legt meer focus op baanbehoud. Verder reserveert Nederland minder voor kredietgaranties.
Special
The unequal balance between developed and emerging economies becomes painfully clear in the different government response packages to COVID-19. Emerging markets are constrained in their ability to finance appropriate fiscal packages.
Economic Quarterly Report Dutch version
The global economy has bottomed out and started its recovery. However, the recovery is marred by uncertainties such as more waves of coronavirus infections, lurking negative effects on the labor market and productivity and rising geopolitical tensions.
Economic Comment
The Indian economy contracted by 23.9% in Q2 due to one of the most stringent COVID-19 lockdown globally. Despite a rallying rupee, uncertainty remains large, especially on the geopolitical front.