RaboResearch - Economic Research

Economic Report

The history of financial crises

The world is littered with financial crises, yet we seem surprised every time they occur. Against this backdrop, we take a closer look at the financial crises since 1800 to see whether we can draw some lessons for the future.

Economic Report

What if AAAmerica gets downgraded?

Long-standing concerns about the sustainability of US fiscal imbalances have finally led to the first ‘negative outlook’ for the AAA-rating of US sovereign debt by S&P.

Economic Report

The Rabo Sovereign Vulnerability Index

After the dismal failures of the financial markets to correctly price sovereign risk before the crisis, one must be aware that they can still over-or underprice sovereign risk in some countries.

Economic Report Dutch version

Japan: tragic triple disaster

On Friday, 11 March, 2011, Japan was struck by a historically severe earthquake, a devastating tsunami, and a nuclear crisis that is yet unresolved.The impact on the lives of those affected is foremost in our minds, dwarfing the huge economic impact, the magnitude of which we attempt to estimate in this Special Report.

Economic Update Dutch version

Economic Update Belgium

As the export and the government sector step back gradually this year, all eyes are on the Belgian firms and households. Based on high producer confidence and a rising capacity utilisation rate, we expect businesses to increase their investments this year to expand production capacity.

Economic Update Dutch version

Economic Update Germany

Industrial production rebounded sharply in January and is expected to grow further in the remainder of 11Q1. Producer sentiment has fallen slightly in March.

Economic Update Dutch version

Economic Update Italy

After the further moderation of economic growth in the last quarter of 2010, the Italian economy started the year on a weak note as well. But both the manufacturing purchasing manager index and the rise in new orders point to better days ahead.