RaboResearch - Economic Research

Special Dutch version

You cannot live in a mortgage

A reduction of the maximum LTV will have far-reaching consequences for the housing market. A lower LTV would be welcome in the long term, but the best way to do that is to provide a situation that this is desirable for households themselves.

Economic Report Dutch version

The new pension contract: still work in progress

The government is currently working on a new regulatory framework for pension funds. The present rules, set out in the Financial Assessment Framework, will be revised due to the introduction of a new pension contract in 2015.

Special Dutch version

Outlook 2014

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.

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.

Special

Don’t throw the euro out with the bathwater - Theme brochure Outlook 2014

To coincide with the publication of our macroeconomic Outlook 2014, we are publishing a special companion report titled Don’t throw the euro out with the bathwater. In this publication, we present our views on the euro crisis and the future of the monetary union. One of the conclusions of the report is that the current institutional reforms are not far-reaching enough to make the EMU fully immune to future crises.

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.

Economic Report

Outlook 2014 - China: balancing reforms and growth

After an ambitious start, China’s new leadership seems to have eased back on its reform drive. Maintaining a sufficiently strong growth rate is still the priority. For 2014, this implies only incremental reforms and a growth rate of around 7¼%.

Special

Some thoughts on Euro T-Bills

This article discusses the ELEC-proposal to introduce Euro T-Bills in the eurozone. It concludes that the design of this scheme has advantages for both strong and weak countries.

Economic Report Dutch version

Budget Day: a repetition of moves

Over the past few years the wide variety of headgear – whether making or refraining from political statements – has seemed to have a permanent hold on the headlines on Budget Day.