RaboResearch - Economic Research

Special

Economic developments in India: A mixed bag of ups and downs

Economic developments in India are mixed. On the upside, there is the prospect of an effective vaccine, fresh government stimulus and better economic performance than anticipated. On the downside, there is a risk of a second wave and the economy continues to struggle with high inflation.

Economic Report

United States: Biden's challenges

Under a Biden administration foreign and trade policy will remain focused on meeting the challenge of China as the main rival of the US. However, the fiscal policy plans of the Democrats are likely to be stopped by the Republicans in the Senate.

Economic Comment

Japan: Economic and external woes continue

Coronavirus cases are still increasing in Japan, which is holding back its economic recovery. Relations with China are still tense. If the economy weakens further, the Bank of Japan might start another round of stimulus.

Economic Comment

China: Increasing self-reliance

China’s new Five Year Plan signals the country’s increased focus on self-reliance. Meanwhile, the economic recovery is continuing. Tensions between the US and China are here to stay, irrespective of who the new US president will be.

Economic Update

The Netherlands: Winter dip due to partial lockdown

We expect the economic impact of the partial lockdown to be smaller than the intelligent lockdown last spring, but consumer spending and investments will be hit hard. Because of the partial lockdown, the government announced extra support in the third support package.

Economic Report

Germany: Second wave of infections inevitable

Although the number of new infections was limited at first, the situation is quickly worsening in Germany. Consequently, the government has imposed additional containment measures. We expect the government to continue to support the economy.

Economic Report

United States: Election meltdown

The US election results are coming in slowly and are likely to be contested. This will reduce the legitimacy of the president that will be sworn in in January and further fuel the social unrest.