RaboResearch - Economic Research

Maartje Wijffelaars

Senior Economist

Maartje works as a Senior Economist at RaboResearch Global Economics & Markets.

She focuses extensively on (political and economic) developments in Spain, Italy, Greece and Portugal. On top of that she also covers main themes for the Eurozone as a whole.

She previously worked at the University of Antwerp where she researched the relationship between financial institutions and government debt in the eurozone at the time of the financial crisis. Maartje has studied Economics and Finance at Tilburg University.

Publications Maartje Wijffelaars

Economic Update

Italy: a setback, but no game changer

In 14Q1, GDP volume fell again after only one quarter of growth in more than two years. Private consumption, however, did increase for the first time since 2010. Underlying data suggest the economy will muddle through during the rest of the year.

Economic Quarterly Report

Herstel Nederlandse economie zet voorzichtig door (Dutch)

Ondanks een terugval in het eerste kwartaal van dit jaar zal het Nederlandse BBP-volume in 2014 groeien met naar verwachting ½%. Het herstel van de Nederlandse economie heeft plaats tegen de achtergrond van een zwak groeiende mondiale economie.

Economic Quarterly Report Dutch version

Global economic outlook: a bumpy recovery

Global economic growth is still weak. Acceleration must come from the industrialised world as emerging markets deal with geopolitical and policy issues. Monetary policy must be tightened in time to prevent ‘bubbles’ and policy inertia.

Economic Comment

Een paraplu kopen als de zon schijnt (Dutch)

Vooral uit de eurozone kwam de afgelopen tijd het nodige goede economische nieuws. Dit leidt er echter toe dat Europese beleidsmakers te weinig doen aan de hervorming van instituties en economieën om de eurozone voor te bereiden op slechtere tijden.

Country Report

Country Report Denmark

The economic outlook is improving, public and external balance sheets are healthy, and institutions strong. Denmark’s banking system has become more stable, though large dependence on wholesale funding does pose risks. But, the main source of concern is the very high household debt.

Country Report

Country Report Italy

Italy’s recession has come to an end, but the crisis continues. Though, household financial wealth has remained high and the political situation seems to have improved a bit; yet words still have to be turned into action. Besides, weak institutions and large public debt remain a major issue.

Country Report

Country Report Norway

The economic outlook is stable, public and external balance sheets are exceptionally healthy, insti-tutions strong and policymaking is adequate and effective. But, Norway has to deal with very high household debt alongside overvalued houses and is dependent on oil and gas (related) production.

Country Report

Country Report Finland

Finland has to deal with a weak economic outlook, waning export sectors, a rapidly ageing population and private sector debt. That said, its public finances and banking system are solid, institutions are strong and the business sector is competitive.

Economic Update

Italy: goodbye recession, hello stagnation

In 13Q4, Italy’s recession officially came to an end. Looking forward, the economic outlook has improved somewhat, but GDP growth will greatly depend on exports. Meanwhile, in Rome the game of musical chairs was won by the centre-left democrat Renzi.