RaboResearch - Economic Research

Country Report

Mexico (Country update)

Mexico's economy faced increasing headwinds this year, as economic growth in the US, it's main trading partner, slowed down markedly.

Country Report

Panama (Country update)

Benefitting from a large-scale public investment program, Panama’s economy will likely withstand the current global economic slowdown and continue to grow solidly. While government finances remain stable, challenges might arise over the medium-term.

Country Report

Slovenia (Country report)

Owing to its close ties with neighboring Italy and various domestic problems, Slovenia has been suffering from contagion from the euro area debt crisis. Its economic recovery remains highly export-dependent on the back of a sizable banking crisis.

Country Report

Czech Republic (Country report)

Despite strong economic growth in the Czech Republic’s main trading partner Germany, the country’s economic recovery remains sluggish amidst ongoing budgetary consolidation and relatively tempered export growth.

Country Report

Slovak Republic (Country report)

The small open economy of Slovakia rebounded comparatively well from the 2009 recession, posting 4% economic growth in 2010 on the back of strongly recovering exports. Domestic demand, however, did not yet contribute to economic growth and its contribution in the coming years will be limited by the government’s austerity measures.

Country Report

Panama (Country report)

Benefiting from the expansion of the Panama Canal and a series of large-scale public investment projects, the Panamanian economy emerged from the global economic crisis as the bestperforming Central American economy, posting 7.5% economic growth in 2010.

Country Report

Mexico (Country report)

The Mexican economy recovered strongly from the global economic crisis, posting 5.5% real economic growth last year. Benefitting from Mexico’s strong trade linkages with the US, exports initially drove the recovery, while domestic demand remained relatively tempered due to sluggish real wage growth, lower remittances from the US and remaining spare capacity.

Country Report

Trinidad and Tobago (Country report)

The hydrocarbon-dependent economy of Trinidad and Tobago was hit hard by the global economic downturn. Oil and gas prices tumbled and one of the country’s largest financial conglomerates had to be bailed out by the government.

Country Report

Bermuda (Country report)

Being renowned for its business-friendly tax climate and sophisticated financial infrastructure, the country has become the largest (re)insurance jurisdiction in the World after New York and London. Maintaining Bermuda’s favourable operating environment for the financial sector is a key policy objective.

Country Report

Costa Rica (Country Report)

Thanks to considerable fiscal stimulus, Costa Rica has weathered the global economic crisis and the decline in US demand for its exports relatively well. As stimulus is not yet withdrawn and prospects for the US economy are improving, economic growth for the next years is expected to reach 4.3% on average

Country Report

Dominican Republic (Country report)

After having avoided dipping into recession in 2009 on the back of countercyclical fiscal and monetary stimulus made possible by an IMF stand-by agreement, the Dominican Republic’s economic recovery outpaced most of its neighbours in 2010. I