RaboResearch - Economic Research

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.

Economic Comment

Argentina defaults again

This week, Argentina was unable to reach an agreement with the holdout creditors from the 2001 default. In effect, this means that the sovereign has now defaulted on its debt obligations for the second time this century.

Economic Comment

Wereldeconomisch commentaar: een betere tweede helft? (Dutch)

Nadat het eerste kwartaal van dit jaar in economisch opzicht voor veel landen tegenviel, wordt de hoop gevestigd op een betere tweede helft. Per saldo verwachten we dat de hoop werkelijkheid wordt. Echter niet alle landen laten hetzelfde beeld zien.

Economic Comment

China zet stappen op het pad van financiële hervorming (Dutch)

China begint voorzichtig werk te maken van de financiële hervormingen. Ten eerste is de overheid nu voor het eerst bereid om bedrijven in moeilijkheden te laten vallen. Ten tweede zijn maatregelen aangekondigd die tot meer marktwerking moeten leiden.

Economic Comment Dutch version

2014, the year of Brazil?

This year, Brazil will host the World Cup. The host country is widely seen as one of the favourites to win the World Cup. For us this is an occasion to publish a series of studies on the economic strengths of Brazil.

Economic Report

How to tackle the ‘Custo Brasil’

Due to the so-called “Custo Brasil” Brazil is a relatively expensive place to do business. Three important growth bottlenecks are primarily responsible for this Custo Brasil: the tax system and red tape, lack of good infrastructure and human capital constraints.

Economic Report

Democracy, Brazilian style

Brazil’s political system generally makes it difficult and time-consuming to implement far-reaching reforms. Furthermore, the system seems to be affected by a lot of patronage and corrupt practices. In this report we explain why this is the case.

Economic Report

Brazil’s social challenges

In the past decade, Brazil has managed to substantially bring down its traditionally high levels of inequality and poverty. However, inequality is still high and relatively weak public services result in institutional inequality.

Economic Report

Brazil’s economic model: In need of a revamp

The recent performance of the Brazilian economy has been disappointing. We conclude that consumption and commodity exports cannot continue to drive growth. To reinvigorate its economic model Brazil needs to increase investment and productivity.

Economic Report

Brazil’s macro economy, past and present

Brazil’s has turbulent macroeconomic history. Since the launch of the Plano Real in 1994, Brazil’s macroeconomic environment has become increasingly. However, more recently growth has disappointed.