Themabericht
The EU Commission published the next step in the E.U. Taxonomy in June 2020. It includes a proposal to make all large companies and listed SMEs disclose their alignment with the Taxonomy. This report provides an update on the latest developments.
Themabericht
De coronacrisis heeft grote impact op de financiën van sommige huishoudens. In deze publicatie gaan we in op de verwachtingen van Nederlanders voor hun spaar- en uitgavengedrag in de komende twaalf maanden.
Themabericht
In alle regio’s herstelt de economie van de coronacrisis, maar de mate waarin verschilt behoorlijk. De ene regio ondervond meer hinder van de lockdown dan de andere.
Themabericht
The recent Australian federal budget represents a shift in budget strategy away from budget prudence towards higher spending. The combination of loose fiscal and monetary stimulus increases inflation expectations. However, the RBA doesn’t expect a rate hike before 2024 due to spare capacity in the economy.
Themabericht
The European Commission has received an official go to start borrowing money to finance the EU recovery fund. Funds can start to flow to Member States this Summer. We estimate that these funds will lift Eurozone GDP by 0.5% over this and next year.
Themabericht
The establishment of a travel bubble between New Zealand and Australia has more symbolic than economic value. Even though the Australian labour market has shown a strong performance over the last months, the end of the JobKeeper program is hanging above the labour market like the sword of Damocles.
Themabericht
One of China’s major state owned entities, Huarong, has come under stress recently. The situation is a test case for Beijing’s willingness to bail out struggling state owned firms that are big and important.
Themabericht
In the first quarter, the Eurozone economy contracted with 0.6%. Germany the performed worst among the large Member States (-1.7%). We project the recovery to resume in the current quarter and the EU recovery fund to lift GDP by 0.5% over 2021 and 2022.
Themabericht
Het spaargeld is de afgelopen twaalf maanden bij 35 procent van de Nederlanders toegenomen. Het aandeel Nederlanders dat niet of nauwelijks spaargeld heeft, is net zo groot als vorig jaar zomer.
Themabericht
China’s Q1 GDP growth surged to 18.3% on a year-to-year basis, mainly due to the low base in Q1 2020. We think the pace of the recovery will slow as the initial pent up demand in China dies out and policy support is scaled back.
Themabericht
Geavanceerde plastic recycling is een snelgroeiende industrie die veel investeerders aantrekt. Eind 2025 kan de capaciteit tot 400 procent toenemen.
Themabericht
President Biden has presented his American Jobs Plan, which amounts to about $2 trillion in spending on infrastructure and care. This should be financed by raising the corporate tax rate to 28% from 21% and by other tax measures aimed at corporations.
Themabericht
India showed 0.4% GDP growth in Q3 of FY21. Unfortunately a second wave of Covid cases is on the rise, which might hamper growth in the next months. Although vaccine implementation started mid-January, the pace of vaccination must accelerate if India is to reap economic benefits in 2021. Fortunately, availability of vaccines is not a constraint.
Themabericht
Nu zijn centrale banken vooral toezichthouders op de financiële sector. Als CBDC concurreert met bancaire diensten, gaat de centrale bank concurreren met de banken. Ook zal de centrale bank in dat geval forse kosten moeten maken en zelfs verlieslatend kunnen worden. Dit is niet gewenst.
Themabericht
Dit themabericht bespreekt de mogelijke nadelen van CBDC. Die bestaan onder meer uit een slechtere bancaire intermediatie en een verslechterende financiële stabiliteit. Maar alles hangt af van de wijze waarop CBDC wordt vormgegeven.
