Search results

There are 9 search results for *.
October 23, 2020

Rebound in world trade continues

Pressrelease

In August 2020 world trade grew again by 2.5% compared to July 2020. This is less than the growth in July, which was 5.0% compared to June. In total, world trade is now 3 to 4% below the pre-corona level. Europe shows a strong export growth of 4.0%. Japanese exports are also growing strongly by 6.6%, while imports continue to fall (-2.1%). The growth of exports of the United States and China are average at 2.5% and 2.3% respectively; imports shows a similar growth with 2.3% and 3.4% respectively.

Image for Rebound in world trade continues
October 6, 2020

Nederlandse transportsector en industrie kwetsbaar voor nieuwe coronagolf buitenland

Pressrelease (in Dutch only)

Een wereldwijde opleving van het coronavirus en mogelijke bijbehorende buitenlandse lockdownmaatregelen zullen Nederlandse bedrijven in de transportsector en de industrie hard raken. Dat blijkt uit onderzoek van het Centraal Planbureau en het Centraal Bureau voor de Statistiek. De omzet in deze sectoren is sterk afhankelijk van de wereldwijde exportvraag. In tegenstelling tot de Nederlandse dienstensector die vooral wordt getroffen door de binnenlandse maatregelen, worden transportbedrijven en de industrie juist geraakt door maatregelen in andere landen en terugval in de wereldhandel. Nieuwe lockdowns in het buitenland hebben daarom grote economische gevolgen voor deze sectoren.

September 25, 2020

Rebound in world trade continues

Pressrelease

The rebound in world trade continues. The CPB World Trade Monitor shows that the volume of world trade increased 4.8% in July. This is somewhat less than in June, when world trade grew with 7,9% compared with May. The rebound arises from the fact that in a lot of countries lockdown measures have been lifted. In the eurozone, exports grew 5.9%, while imports grew 4.1%. Striking is the recovery in the US, where both imports and exports grew with roughly 11%. Chinese exports also made a huge jump (+9.5%), while Chinese imports rose with just 0.5%. Also in other advanced economies the rebound continues. Despite these promising figures, world trade has not yet recovered to pre COVID-19 outbreak levels.

Image for Rebound in world trade continues
August 25, 2020

A rebound in world trade

Pressrelease

World trade rebounds in June with a strong catch-up growth of 7.6% compared to May. There was growth in almost all countries, except in Japan, where imports fell even further (-2.6%). Also in China and Eastern-Europe there is a fallback in exports, and in Africa and the Middle East imports and exports fell somewhat further. This brings the fall in world trade in the second quarter of 2020 to -12.5%, on top of the -2.7% in the first quarter. Industrial production also continues to recover, with 4.8% growth in June (compared to May). With this, global production is still 8% lower than at the end of last year.

Image for A rebound in world trade
July 24, 2020

A further decline in world trade in May, but also signs of recovery in the eurozone

Pressrelease

World trade fell 1.1% in May. This means that the total decline in 2020 up till May is 17%. This follows from the new release of the World Trade Monitor of the Netherlands Bureau for Economic Policy Analysis (CPB). This means that world trade has decreased by around 17% in 2020. The coronavirus pandemic has played a major role in this. All over the world, both production and consumption have declined due to various measures taken to limit the spread of the virus. This has a great impact on international trade.

Image for A further decline in world trade in May, but also signs of recovery in the eurozone
June 25, 2020

Unprecedented decline in world trade in April

Pressrelease

The CPB World Trade Monitor shows a historical decline in the world trade volume in April of 12.1% compared with March. Exports fell back significantly in several regions: -23% for both the eurozone and the US, -21% for Latin-America, -14% Japan, and -11% for other advanced economies. Imports declined most in Latin-America (-18%), the eurozone (-17%), the US (-11%), and other advanced economies (-15%). The growth in world trade during the months February to April compared with the preceding three months was -7.2%. None of the regions showed an increase, and the eurozone showed the most negative development (-13% exports, -11% imports).

Image for Unprecedented decline in world trade in April
June 4, 2019

Meer toezicht nodig op omvangrijke Europese financiële instellingen, CCP’s

Pressrelease (in Dutch only)

Er kan nog meer worden gedaan om de risico’s van centrale tegenpartijen (CCP's), omvangrijke financiële instellingen, te verkleinen. Deze partijen spelen een belangrijke rol bij de afwikkeling van de handel in effecten en derivaten. Zo kan het toezicht op Europees niveau worden geregeld en kan een herstel- en afwikkelingsraamwerk helpen om mogelijke faillissementen soepel te laten verlopen. Dit concluderen onderzoekers van het Centraal Planbureau (CPB) in de vanmorgen verschenen Risicorapportage Financiële Markten.

May 27, 2019

Europees schokfonds kan welvaart verhogen

Pressrelease (in Dutch only)

Een schokfonds in de eurozone is niet noodzakelijk voor het voortbestaan van de euro, maar kan de welvaart in Europa wel verhogen. Een fonds gebaseerd op leningen, waar de politieke discussie zich nu op toespitst, voegt weinig toe ten opzichte van leningen op de markt. Een fonds met grotere uitkeringen bij zeldzame, extreme gebeurtenissen heeft toegevoegde waarde, maar veronderstelt meer solidariteit dan waarvoor nu draagvlak lijkt te bestaan. Dit staat in de publicatie ‘Een budgettaire stabilisatiefunctie’ van het Centraal Planbureau, die zojuist is verschenen.

January 24, 2019

The Netherlands is an important link in the chain of diverting income flows: broader use of withholding taxes is necessary to combat international tax avoidance

Pressrelease

Sixty percent of the royalties that flow via the Netherlands go directly to tax haven Bermuda. Outgoing interest flows are diverted less often to tax havens: around 20 percent. In addition, some 25% of the outgoing interest flows to other conduit countries, such as Ireland, Luxemburg and Switzerland. In addition, a large share of dividends comes from these countries. The conditional withholding tax, planned for 2021, does not stop the financial flows from and to other conduit countries. The reason for this is that the conditional withholding tax only applies to countries with a statutory rate of the corporate income tax of 9 percent or less. That does not include Ireland, Luxemburg and Switzerland.