Themabericht
Risk of de-globalization (Engelstalig)
This article is part of a series of Special Reports that discuss the downside risks to the global economic outlook. In this piece, we take a closer look at the risk of de-globalisation.
Themabericht
This article is part of a series of Special Reports that discuss the downside risks to the global economic outlook. In this piece, we take a closer look at the risk of de-globalisation.
Conjunctuurbeeld
After the better than expected GDP figure in 12Q1 a new slow down seems unavoidable. We anticipate a contraction of GDP in 12Q2. If the economic weakness lasts, we believe also the labour market cannot remain out of harm's way.
Conjunctuurbeeld
Following two quarters of a 0.3% q-o-q GDP contraction, the decline in economic activity probably acce-lerated in 12Q2. The fact that the government has been unable to reduce the budget deficit up until May is worrying.