The island of Taiwan has a dynamic, capitalist economy which has sharply rebounded from the effects of the global financial crisis. Economic activity will expand by over 9% yoy in 2010, a large improvement from the 1.9% contraction in 2009.
A structural country risk the Maldives are facing is climate change. If the sea level rises only by a couple of meters, the majority of the Maldives will be submerged. The political situation is very unstable, as the opposition and the ruling party are frequently at loggerheads hindering any progress on reforms.
Angola’s economic performance is almost completely determined by the global demand for oil. In fact, oil related taxes amount to 90% of total taxes. It is therefore not surprising that Angola’s economy took a hit when oil prices dropped dramatically as a result of the global recession
The astonishing resilience of the German labour market has caught everyone by surprise. But this is mostly due to the government’s short-shift scheme and creative statistics. The question is, therefore, will the labour market deteriorate in 2010?
Monthly Update The Netherlands
Deflationary risks are rising in the advanced economies. This has made some worry that a Japan-style deflationary episode is awaiting us. In our view, these particular concerns are exaggerated.
This paper deals with the question whether or not it is a good idea to break up the Economic and Monetary Union (EMU or eurozone).
Too many residential dwellings were built in Ireland for many years from the start of this century. The large number of assumptions and estimates precludes a precise estimation of the housing surplus in our analysis.
Economic Report Dutch version
This Special Report presents the EC’s proposals and examines their capacity to contribute to a better Dutch DGS.