RaboResearch - Economic Research

Country Report

Chile (Update country report)

Chile’s economy continued to grow vigorously in 2011, although growth slowed in the course of the year. After large scale protests and strikes, these illustrate that Chile’s social model continues to face challenges.

Country Report

South Korea (Country report)

The death of North Korea’s leader, Kim Jong-il, has increased political uncertainty within North Korea and led to uncertainty for South Korea. Due to monetary tightening and lower external demand, real GDP growth was 3.3% in 2011.

Country Report

Azerbaijan (Country report)

Azerbaijan is highly dependent on its energy sector and oil exports in particular, which supports the current account and public finances. Economic growth is forecasted at 4% in 2012.

Country Report

Jordan (Country report)

The precarious social situation is the largest country risk in Jordan. The fallout from the Arab Spring protests has forced King Abdullah II to dismiss the government. Economic growth is estimated at a mere 2.6% in 2011 and 3.4% in 2012.

Country Report

Nigeria (Update country report

Persistent attacks by the Islamist Boko Haram sect, as well as large-scale strikes and protests following a sudden abolishment of fuel subsidies at the start of 2012, show that Nigeria is very prone to political and civil unrest.

Country Report

Bulgaria (Country report)

Bulgaria is largely praised for its sound macroeconomic and fiscal policies, but its external debt remains high and a slow and complicated bureaucracy, as well as widespread corruption continues to hamper the business environment.

Country Report

Bangladesh (Country report)

Bangladesh's economy continues to prove its resilience amid a worsening external environment. Yet, despite strong economic growth it remains one of the world's poorest countries.

Economic Update Dutch version

Economic Update France

The French economy showed its resilience in 11Q3, but we expect the negative effects of the debt crisis to become more visible in the coming months. There is no reason for much optimism.

Economic Update Dutch version

Economic Update the Netherlands

Economic signals suggest that the economy is still at amber. Consumer confidence dropped to a point lower than the trough in 2009, exports declined in October for the first time in two years and unemployment is back at the peak of January 2010.

Economic Update Dutch version

Economic Update United Kingdom

We kick-started the new year with a slew of positive news. December’s leading indicators were stronger than expected, which indicate that the economy may have gained a bit of momentum going into 2012.

Economic Update

Economic Update Spain

In 11Q3, export growth managed to keep the Spanish economy out of recession. But the available economic data for 11Q4 point to GDP contraction in that quarter. For the first quarter of this year we also expect GDP to fall.

Country Report

Tanzania (Country report)

Despite chronic power shortages and rampant inflation, Tanzania’s economy managed to grow at an estimated 6.4% in 2011.