RaboResearch - Economic Research

Economic Report

India: where is the negative impact of demonetization?

The Indian economy grew by 7% in Q4 of 2016, which is surprising given that India was struck by an unexpected demonetization operation. The explanation can be found in underrepresentation of the informal economy in statistics and overestimation of the role of the private corporate sector.

Economic Report

China: how realistic is the government’s growth target?

China’s 6.7% GDP growth was on government’s track in 2016, but lower growth is expected ahead as focus will rely more and more on risk prevention amid excessive credit levels, a housing market bubble, and capital outflows.