RaboResearch - Economic Research

Country Report

New Zealand: continuing stress in dairy and housing sector

The economic growth outlook has worsened due to less favorable global outlook, which keeps key commodity prices low. The risk of a sharp correction of house prices in Auckland has induced the government to implement additional macro-prudential measures.

Economic Update Dutch version

Germany: higher growth, but the risks are increasing

We expect the German economy to grow by 1¾% in 2015 and 2% in 2016. However, an escalation of the refugee problem, spread of the emissions scandal at Volkswagen to other car manufacturers and more negative news on the performance of the Chinese economy could affect the solid base of the German economy.

Column

Mismatch slechts beperkt probleem op arbeidsmarkt (Dutch)

In het publieke debat beweren velen dat de mismatch op de Nederlandse arbeidsmarkt groot is en daarmee ook een belangrijk deel van de hoge werkloosheid kan verklaren. Volgens ons is dit een hardnekkig misvatting dat tot verkeerde beleidsmaatregelen kan leiden.

Special

Why growth keeps disappointing

In this Special we show that the Euro Area faces considerable challenges for the mid-term. Structural problems on the labour market, sluggish labour productivity caused by declining firm dynamics and an unfavourable interest environment are causes of concern.