RaboResearch - Economic Research

Economic Comment

Brexit update – Brexit 2.0

Boris Johnson is the new British Prime Minister and his team of hardcore Brexiteers points towards a tougher stance on Brexit under his leadership. Brexit is just about to get messier in the coming months.

Special

Modern Monetary Theory (Dutch)

Modern Monetary Theory stelt dat overheden hun uitgaven onbeperkt monetair kunnen financieren. Dit klopt niet. Hoewel het goed is dat MMT meer aandacht besteedt aan begrotingsbeleid en de financiering ervan, schiet MMT als theorie tekort.

Economic Comment

China: Stimulus prevents further slowdown in growth

The lower GDP growth in the second quarter is in line with our expectations of a gradual economic slowdown. On the back of more government stimulus, June headed towards a slight recovery on several fronts. The question is not if, but when (trade) tensions with the US will flare up again.