Special
The eurozone economy benefits from the fall in energy prices, generous government subsidies and high job security. Yet inflation continues to be high and we foresee interest rates to stay elevated for longer, which hurts private demand.
Special
The current energy crisis has highlighted the geopolitical risks associated with our dependence on Russian gas. The EU aims to become fully independent from Russian energy, but replacing Russian gas fully is easier said than done.
Special Dutch version
This report shows that the US is more exposed to disruptions to bilateral intermediate trade flows than China. In addition, also exporters and consumers in third countries such as the Netherlands feel the pinch from a disruption in supply chains between China and the US.
Special Dutch version
The economic costs of a Brexit in 2030 are expected to range between GBP 400bn (hard Brexit) and GBP 260bn (soft Brexit), compared to a scenario where the UK would continue to be a member of the EU (Bremain). This equals £11,500 - £7,500 per British worker.
Special
Eurozone (core) inflation is likely to stay low for longer. This is driven by lower wage growth for an extended period of time and give cyclical and structural explanations. This means the ECB is unlikely to raise interest rates before 2019.
Special Dutch version
Like the rest of the eurozone, the Dutch economy will grow faster in 2015 than it did in the year just past. But growth will remain low, and unemployment high. Low inflation puts the ECB under increasing pressure to start large scale quantitative easing.
Special Dutch version
The Dutch economy will not grow in 2014. Unemployment will rise further, and the slight boost provided by the global growth spurt will not be vigorous enough for the country to overcome its domestic woes. US economic performance and the modest eurozone recovery account for more than half the global growth spurt.
Special
The current debate amongst economists regarding the timing of fiscal consolidation is not yet resolved. In this Special we present evidence that fiscal policy has a larger short-term negative impact on growth than the government currently expects.
Special
In 2013 the Dutch economy will show a very low growth rate of just 0.25%. Globally, the emerging markets will drive economic growth mostly. We project that, mainly as a result of the euro crisis, the global economy will grow by only 3.75% in 2013.
Special Dutch version
In 2011, we have seen a sluggish continuation of last year's weak recovery from the Great Recession. There are now, however, indications that the economy is once again heading towards a considerable slowdown in growth.
