RaboResearch - Economic Research

Special Dutch version

Trump’s impact on the economy

As of January 20, Donald J. Trump is President of the United States. In this Special we sketch the changes in economic policy that we should expect in the coming years, in particular in the areas of fiscal stimulus, trade policy, and energy policy. We also look at effects on US public debt sustainability, and market implications.

Economic Quarterly Report Dutch version

China: a balancing act between growth and reforms

The government is currently performing a balancing act between keeping the economy going and safeguarding social and financial stability. Authorities continue to follow a step-by-step strategy to reduce excess capacity in heavy industry state-owned enterprises.

Economic Quarterly Report Dutch version

China: when will the hangover of the debt binge set in?

Macro economically, China is in calmer water now but medium term risks have been on the rise, at the same time. Debt keeps piling, especially for state owned enterprises, which boast ever lower profits. As a result the asset quality of loans, and consequently financial stability, are coming under pressure.

Country Report

United Arab Emirates: weathering low oil prices on the back of large buffers

Although the UAE’s economy is more diversified and less dependent on the oil sector than the surrounding Gulf States, low oil prices will continue to negatively affect economic and fiscal metrics. Despite the expected twin deficit in 2016 and 2017, we won’t expect any problems in meeting financing requirements due to UAE’s considerable sovereign wealth fund.