RaboResearch - Economic Research

Economic Comment

The start of a Dutch consumer recovery?

Dutch households withdrew €1.2 billion from savings accounts in October and November 2009. Does this mean that consumers are ready to increase spending? Or is this money merely meant to cover income losses?

Economic Comment

Should the Greeks go on a holiday?

Some market participants and notable economists are arguing that Greece needs to exit the eurozone, even temporarily, in order to regain its external competitiveness. As attractive as this option sounds, we are inclined to strongly disagree.

Economic Comment

Griekse 'boekhoudtrucs' geen nieuws (Dutch)

Griekenland is deze week weer in het nieuws; haar overheid zou boekhoudkundige trucs gebruiken om de staatsschuld er lager uit te laten zien dan deze is. Maar de nieuwswaarde voor wat betreft de analyse van de Griekse overheidsfinanciën is gering.

Economic Comment

Germany no longer the exportweltmeister

China has taken over Germany as the world’s export champion. But this is indeed a positive development for Germany and the government should actively pursue policies to rebalance the economy even more towards domestic demand.

Economic Comment

Germany's 09Q4 growth can disappoint

Germany’s economy has contracted by a record 5.0% y-o-y in 2009. Quarterly growth in 09Q4 should be flat. However, the business surveys and the orders data suggest that economy has expanded moderately in 09Q4.

Economic Comment

Voedselzekerheid in 2050: De opgave (Dutch)

Voedselzekerheid is een belangrijke randvoorwaarde voor een stabiele economische ontwikkeling en voor de sociale rust in de wereld. Een van de uitdagingen van de 21e eeuw is om voldoende voedsel te produceren voor een steeds grotere wereldbevolking.