RaboResearch - Economic Research

Special Dutch version

Outlook 2014 - Recovery on a shaky footing

The Dutch economy will not grow in 2014. Unemployment will rise further, and the slight boost provided by the global growth spurt will not be vigorous enough for the country to overcome its domestic woes. US economic performance and the modest eurozone recovery account for more than half the global growth spurt.

Economic Report

Outlook 2014 - United Kingdom

There are signs that UK’s economic activity is gathering momentum. But the recovery is not on a solid footing yet and, therefore, needs to be nurtured.

Economic Report

Outlook 2014 - Eurozone

The eurozone economy seems to have entered a phase of modest recovery. But, worrisome public finances, limited investment demand and tight credit conditions continue to hamper growth. Current problems are unlikely to be solved by a banking union.

Special Dutch version

Why the eurozone needs stronger institutions

The institutional design of the eurozone has undergone a rapid change since the emergence of the European debt crisis. This study details the institutional measures implemented in terms of fiscal, financial and economic integration.

Special

Conditional Euro T-Bills as a transitional regime

Since early 2010, tensions within the Eurozone have risen sharply. What started with a Greek confession that both projections for and past realizations of government debt and deficit statistics were blatantly off the mark, developed into a Euro crisis of systemic proportions.

Economic Report

Turkey: export-led growth

The past decade saw Turkey move away from the boom-bust cycles of the past. The new export industries are a good step in the right direction, but more is needed. This Special Report takes account of the past, while also considering the road ahead.

Economic Report

Turkey: long term outlook

The past decade saw Turkey break with its turbulent past. This final Special Report on Turkey’s long-term economic prospects discusses our expectations for the coming decade in all these areas.

Economic Report

Turkey: political and social situation

Located in both Europe and Asia, Turkey is often regarded as the bridge between east and west. This Special Report considers Turkey’s current social and political situation, as well as the challenges ahead.

Economic Report

Turkey: financing growth

Turkey’s growth performance over the past decade has been impressive but not without risks. This study looks at mechanisms to improve Turkey’s domestic savings rate, as well as the country’s efforts to guarantee long-term investments from abroad.

Economic Report

The eurozone needs an economic fire department

The actions we see when a fire erupts in a building are not unlike those observed during the eurozone crisis. The lesson here is that the eurozone must always have an economic fire department in combination with stronger institutions.

Economic Report Dutch version

Italian elections: A lost year?

Given the Italian election outcome, resurgence of political and financial market unrest seems likely. No party has obtained a workable majority and a coalition seems extremely difficult to be formed. In any case, the appetite for further fiscal austerity and reforms will be lower than desired.

Special

Mind the fiscal speed limit

The current debate amongst economists regarding the timing of fiscal consolidation is not yet resolved. In this Special we present evidence that fiscal policy has a larger short-term negative impact on growth than the government currently expects.