RaboResearch - Economic Research

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Country Report

Bermuda (Country report)

Being renowned for its business-friendly tax climate and sophisticated financial infrastructure, the country has become the largest (re)insurance jurisdiction in the World after New York and London. Maintaining Bermuda’s favourable operating environment for the financial sector is a key policy objective.

Country Report

Spain (Country report)

The Spanish economy is still coping with the consequences of the housing market boom and bust. We expect weak economic growth both this year and next, leading only to a very modest decline in the unemployment rate.

Country Report

Ireland (Country report)

Even though the worst of the recession is now over, the Irish economy is set for a very slow economic recovery this year and next. Domestic demand will still contract this year, but continued export growth should be able to compensate for that.

Country Report

Canada (Country report)

Canada remains a well governed country and boasts a strong economy. The economic recovery is underway and risks to household finances are acknowledged and addressed.

Country Report

Norway (Country report)

The economic outlook for the Norwegian economy is solid. As there have been significant fiscal and monetary stimulus measures during the crisis, it’s now time for the government to step back.

Country Report

Denmark (Country report)

So far the economic recovery in Denmark has only been modest. That said, the growth outlook has improved and the government is making progress with budgetary consolidation and more prudent financial regulation.

Country Report

Germany (Country report)

Germany’s strong economic recovery and resilient labour market are thanks to sound macro policies and the quick rebound in world trade. Risks to the reform agenda for Landesbanken and an escalation of the Eurozone debt crisis remain a medium-term concern.