RaboResearch - Economic Research

Dutch Housing Market Quarterly Dutch version

Dutch Housing Market Quarterly - November 2010

Times are still tough in the market for owner-occupied properties. But there are some signs of improvement. After having fallen for the six preceding quarters, house prices have now been rising for two successive quarters.

Country Report

Country Report Russia

Russia’s oil and gas dependent economy has started to recover slowly from the sharp downturn in 2009, with real GDP growth estimated at 4.2% and 4% in the next two years.

Country Report

Taiwan (Country report)

The island of Taiwan has a dynamic, capitalist economy which has sharply rebounded from the effects of the global financial crisis. Economic activity will expand by over 9% yoy in 2010, a large improvement from the 1.9% contraction in 2009.

Country Report

Maldives (Country report)

A structural country risk the Maldives are facing is climate change. If the sea level rises only by a couple of meters, the majority of the Maldives will be submerged. The political situation is very unstable, as the opposition and the ruling party are frequently at loggerheads hindering any progress on reforms.

Country Report

Angola (Country report)

Angola’s economic performance is almost completely determined by the global demand for oil. In fact, oil related taxes amount to 90% of total taxes. It is therefore not surprising that Angola’s economy took a hit when oil prices dropped dramatically as a result of the global recession

Economic Comment

Demystifying the German labour market

The astonishing resilience of the German labour market has caught everyone by surprise. But this is mostly due to the government’s short-shift scheme and creative statistics. The question is, therefore, will the labour market deteriorate in 2010?

Economic Report

Deflation, here we come?

Deflationary risks are rising in the advanced economies. This has made some worry that a Japan-style deflationary episode is awaiting us. In our view, these particular concerns are exaggerated.

Special

Breaking up the eurozone

This paper deals with the question whether or not it is a good idea to break up the Economic and Monetary Union (EMU or eurozone).

Economic Report

Continuing housing surplus in Ireland

Too many residential dwellings were built in Ireland for many years from the start of this century. The large number of assumptions and estimates precludes a precise estimation of the housing surplus in our analysis.

Economic Quarterly Report

The Netherlands: Lows followed by flats

The Dutch economy is clambering back up, but the recovery is not yet robust. Strengthening world trade is currently driving economic growth, with the domestic sector not contributing significantly at present.

Country Report

Cyprus (Country report)

Cyprus has performed relatively well in the face of the global recession. Although it especially suffered from reduced foreign demand, growth is expected to pick up, albeit slowly.

Dutch Housing Market Quarterly Dutch version

Dutch Housing Market Quarterly

The Dutch existing homes market is currently under heavy weather. A lack of confidence among house buyers has sapped momentum from the market. Transaction numbers continue to lag below pre-crisis levels.