Country Report
Country Report Ecuador
Ecuador’s return to the international capital markets improved its liquidity. But, the external position remains weak. The interventionist and nationalist tendencies of the Correa government continue.
RaboResearch - Economic Research
45 Publications
Economic Comment
Wereldeconomisch commentaar: de eurozone op weg naar deflatie? (Dutch)
In de afgelopen weken is de olieprijs fors gedaald. Mocht deze voor langere tijd laag blijven, dan is dit een positieve impuls voor de wereldeconomie. Een neveneffect is dat de kans op tijdelijke deflatie in de eurozone aanzienlijk is toegenomen.
Special Dutch version
Outlook 2015 - Europe: future leader or eternal laggard?
Like the rest of the eurozone, the Dutch economy will grow faster in 2015 than it did in the year just past. But growth will remain low, and unemployment high. Low inflation puts the ECB under increasing pressure to start large scale quantitative easing.
Country Report
Country Report Mexico
Mexico’s economic growth starts to pick up and its economic outlook is also improving, as all intended structural reforms are approved. The most important one, energy, is likely to contribute the most.
Economic Comment
Brazil and elections aftermath: what next?
Yesterday, president Dilma Rousseff won a second term in office in a tight race. Her victory does not bode well for the highly-needed structural reforms in the country.
Country Report
Country Report Honduras
Honduras is a country with a weak institutional structure and poor public finances. While the government seems to have reduced its deficit, fiscal challenges remain sizeable.
Country Report
Country Report Panama
Supported by infrastructure projects economic growth in Panama is strong. Whether these projects will boost growth structurally, to an extent that it will outweigh a loss of short-term infrastructural investment-driven growth, remains to be seen.
Country Report
Country Report Costa Rica
Intel has announced that it will relocate its production plant to Asia, severely denting Costa Rica’s GDP. Furthermore, with the government failing to address structural fiscal problems, Moody’s has downgraded the sovereign to below investment grade.
Country Report
Country Report Peru
Economic growth has slowed down strongly in the first half of this year, but is likely to pick-up in the second half of 2014 and afterwards. Meanwhile, the well-regarded Finance Minister Luis Miguel Castilla was replaced in September 2014.
Economic Comment
Mondiale economie kabbelt voort (Dutch)
De groei van de wereldeconomie versnelt langzaam. Zoals verwacht vertragen de economieën in de opkomende markten, geleid door China, en versnellen de economieën in de geïndustrialiseerde wereld. Ondanks het iets vertraagde herstel in de eurozone.
Economic Quarterly Report
Geopolitieke spanningen risico voor economisch herstel (Dutch)
Geopolitieke spanningen in Oekraïne en het Midden-Oosten vormen steeds nadrukkelijker een risico voor het wereldwijde economische herstel. Ook de Nederlandse economie ondervindt hier hinder van.
Economic Quarterly Report
Rente en valuta: capituleert de markt? (Dutch)
De eerlijkheid gebiedt ons te zeggen dat ook wij verrast zijn door de kracht waarmee de rentes in de eurozone in afgelopen maanden naar beneden zijn gekomen en met name de vervlakking van de curve die dit teweeg heeft gebracht. Capituleert de markt?
Country Report
Country Report Nicaragua
Nicaragua’s economy performed rather well in 2013 and the economic outlook remains favourable. However, its institutional framework has weakened further and the president can now be re-elected and be elected for more than two times.
Country Report
Country Report Brazil
Economic growth in Brazil is likely to fall below 1% in 2014, as both investment and consumption have been weakening. In the second quarter, the economy officially entered a recession. Meanwhile, the October 2014 presidential elections have become very competitive after Marina Silva’s entry to the race.