Economic growth in Macedonia is recovering from the global financial crisis and is expected to increase to around 2-3% in 2011/12.
Benefiting from the expansion of the Panama Canal and a series of large-scale public investment projects, the Panamanian economy emerged from the global economic crisis as the bestperforming Central American economy, posting 7.5% economic growth in 2010.
The unstable political and social situation remains the largest country risk for Thailand. While the situation has stabilized compared to the large-scale violent riots last year, uncertainty remains until the next general elections.
The Philippine economy is estimated to grow by 5-6% in 2011. The triple disaster in Japan could adversely affect this estimate, as the country has deep trade and investment links with the Philippines.
Economic Update Dutch version
One might think that the Dutch economy has fully recovered from the deep economic recession of 2009. However, despite the strong growth in the industrial sector, growth in the first quarter is unlikely to rise much above zero on a quarterly basis.