Eurozone's fiscal could start having an upward impact on growth in the course of 2020 – ABN AMRO
26.08.2019, 12:06

Eurozone's fiscal could start having an upward impact on growth in the course of 2020 – ABN AMRO

Aline Schuiling, the senior economist at ABN AMRO, suggests the impact on Eurozone’s GDP growth of any fiscal stimulus always is less than one-on-one, as part of the stimulus leaks away via higher imports, higher cyclical government tax income and higher private sector savings.

  • “The shape of the stimulus is also relevant for its impact, with direct government spending or investment having a more direct and often stronger impact on growth than indirect stimulus such as tax cuts. As a rule of thumb, a fiscal stimulus equal to 1% of GDP, lifts eurozone GDP by around 0.5-0.7%. This means that our range of estimations of the room for fiscal stimulus could lift eurozone GDP growth by between around 0.25 and 0.75 pps.
  • Depending on the shape and size of the stimulus, it could start having an upward impact on growth in the course of 2020.  Our current base case scenario is that growth will remain stuck at modest levels well below the trend rate throughout 2020.
  • A fiscal stimulus package in line with maximum potential size according to our calculations (around EUR 160bn) could lift growth to close to the trend rate in the course of 2020. Still, governments are not moving very quickly, so we might stay at the lower end of the range of potential stimulus.”


© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik