Dutch corporate sector is key source of current account surplus
SMEs save to finance investment due to higher borrowing rates than large companies
The record-high Dutch current account surplus is being boosted by the corporate sector, but the saving patterns of large firms and small and mid-sized enterprises (SMEs) differ, says the Dutch National Bank.
Last year, the Netherlands recorded a current account surplus of 11% of GDP. The savings behind this development are boosted by companies’ savings. Non-financial corporations accounted for roughly 80% of the Dutch savings surplus between 2000 and 2017, according to the DNB.
Nonetheless
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
More on Economics
As a population ages, impact of deflation worsens – BoJ study
Research says falling prices inflict greatest harm on young people
Policy analysis takes most of PhD economists’ time
Other tasks consume just a quarter of their official hours
Rate hikes affect manufacturing economies more – Fed study
Authors find similar effects across eurozone and in US at county level
Canada’s GDP revisions ‘raise questions over monetary policy’
However, experts disagree on whether central bank’s modelling was flawed and if it cut rates too quickly
Two-thirds of central banks forecast policy rate in main models
But relatively few make their rate forecasts public
Economists’ median salary falls below $30,000 a year
Annual budget of economics departments averages under $1 million
Policy economists outnumber research colleagues
Economics FTE staff make up 4% of central banks’ overall employees, on average
The past and future of BIS economics
Claudio Borio looks back over 37 years at the BIS and Hyun Song Shin looks to the future