Economic Comment
Dutch are leading clean hydrogen Champions League
The new Dutch coalition government’s Climate and Transition fund boosts the credibility of its hydrogen plans. The Dutch now rank first in the Champions League for clean hydrogen.
RaboResearch - Economic Research
2201 Publications
Special
Are Nuclear and Gas The New Green? Five Questions Answered
The European Commission proposed to include nuclear energy and gas in the EU Taxonomy. The addition of these activities has caused debates among Member States about a fundamental question: Are nuclear and gas the new green?
Dutch Housing Market Quarterly Dutch version
Price Growth Hit Its Peak, but Dutch Housing Market Is Far From Cooling Down
House prices are expected to rise by 14.9 percent this year and 12.4 percent in 2022. The number of homes sold will fall sharply in 2022, to 188,000. For the full year 2021, we expect to see around 222,000 transactions.
Economic Quarterly Report Dutch version
New corona wave and high inflation dampen economic growth in 2022
We expect the Dutch economy to grow by 2.9 percent in 2022, lower than previously projected. This is due to stricter corona measures and higher than expected inflation.
Special
Australia: Weighing the Work
On the one hand, we expect high labour demand and labour market scarcity to increase the likelihood of wage growth. On the other hand, this upside potential is being eroded by an increased supply of labour from overseas, international competition, and structural shifts. As such, we believe it will take some time before “significant” wage growth will occur.
Special
Biden opts for continuity at the Fed: Powell nominated for second term
Biden’s nominatie van Powell voor een tweede termijn als Fed-voorzitter zou gunstig moeten zijn voor de onafhankelijkheid van de Fed van partijpolitiek. Echter, het is een nederlaag voor de linkervleugel van de Democratische partij die een voorkeur zou hebben voor een kandidaat die de impact van monetair beleid op vermogensongelijkheid terugdraait.
Special
COP26: Big Headlines, Reality Less Sunny, Yet Some Progress Achieved
Post-COP26, the 1.5°C target is still out of reach, but the gap narrows as Glasgow brought some progress. Paris Agreement Rulebook was finalized and new emission reduction pledges were announced. Yet, credibility concerns cast some shadow over these announcements and climate finance remains unsettled.
Special
United States infrastructure: Impact on economy and elections
Although the bipartisan infrastructure package is long overdue given the state of the infrastructure of the United States, it will hit the economy at a time of full employment and after a couple of years of high inflation. This means that the bang for the buck will be substantially eroded.
Economic Update
The Netherlands: GDP Back at Pre-Covid Level – Now What?
Looking ahead, we expect growth figures will move toward more ‘normal’ readings. The economy is facing headwinds, mainly from supply-side constraints, such as labor shortages, supply chain disruptions, and low availability of (raw) inputs.
Economic Comment
COP26, What Can We Expect?
To “keep the 1.5°C target alive” within COP26, we need more stringent targets for 2030, not only for 2050. Progress could come from new methane emissions targets and through advancements in discussions on Paris Agreement Rulebook and climate finance.
Special
Australia: Economic update
The Australian economy is set to contract in Q3, modestly rebounding in Q4. Inflation risk are likely, as gas and freight prices rise steeply. Australia must balance existing economic ties to China with increasing geostrategic ties to the west.
Economic Update
Sector forecasts: Many sectors back to full speed
Most Dutch sectors had a good second quarter. The outlook is also favorable but there are concerns about shortages of materials and labor.
Economic Report
Budget Day brings Dutch hydrogen ambition a small step closer
Budget Day 2021 brought the Dutch hydrogen ambition a small step closer. A national hydrogen infrastructure will be created and the offshore wind target will potentially increase by 10 GW. However, no additional subsidy for green hydrogen production was announced.