RaboResearch - Economic Research

Economic Comment

China: Stimulus prevents further slowdown in growth

The lower GDP growth in the second quarter is in line with our expectations of a gradual economic slowdown. On the back of more government stimulus, June headed towards a slight recovery on several fronts. The question is not if, but when (trade) tensions with the US will flare up again.

Column

Mist ondernemend Nederland de boot naar India? (Dutch)

Van de historisch sterke handelsbetrekkingen tussen Nederland en India is vandaag de dag nog maar weinig over. Nederlandse ondernemers laten daarmee kansen liggen in een land wat de komende decennia zal verrijzen als belangrijkste economie ter wereld.

Economic Comment

China: Stimulus as good old recipe for stabilization

China’s economic growth did not disappoint at first glance in the first quarter of 2019. It seems that the previously introduced fiscal and monetary stimulus measures have put a floor under the economic slowdown since the second half of 2018, but it’s too early to cheer about a broad recovery.

Economic Report

Is India slipping back into bad habits?

The Reserve Bank of India (RBI) has increased its monetary tap to meet government funding needs. Although the magnitude is nowhere near bad practices around the globe, the option of debt monetization remains tempting, whereas the Indian government should implement reforms instead.

Economic Quarterly Report

Rente en valuta: zo plat als een pannenkoek (Dutch)

De ECB heeft de plannen om tegen het eind van de zomer de rente te verhogen laten varen. Dit betekent dat de geldmarktrentes nog langer negatief blijven. Wij verwachten zelfs de komende twee jaar geen renteverhoging meer: zo plat als een pannenkoek dus!