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.

Economic Report Dutch version

Strengthening bank crisis management

Since the credit crisis, regulators and supervisors around the world have been making plans to minimise the likelihood and impact of new banking crises. Strengthening the arrangements for bank crisis management is a part of this.

Dutch Housing Market Quarterly Dutch version

Kwartaalbericht Woningmarkt

The residential property market has experienced a difficult second quarter. Both the price level and the transaction numbers hit record lows. As a consequence of the lower transfer tax rate, a slightly higher number of people will move.

Economic Update

Monthly Update The Netherlands

The new Rutte cabinet took up office on 14 October, and has since announced an agenda of severe cost cutting. Most of the savings will involve government (€ 6.1 bn), social security (€ 4.3 bn) and international cooperation (€ 1.9 bn).

Country Report

Country Report Peru

Fuelled by higher commodity prices and improved business and consumer sentiment, Peru has recovered vigorously from the global economic crisis. As a result, the economy is now operating close to full capacity.

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

Argentina (Country Report)

On 23 October 2011, Cristina Fernández de Kirchner won the presidential elections convincingly with 54% of the votes. Her party also regained the majority in congress which it lost in 2009. This will give Fernández a strong position in the coming years.

Country Report

Peru (Country report)

Peru’s presidential elections were won by former left-wing radical Ollanta Humala. However, both the policies and the most key economic decision makers of the new government have a very moderate and pragmatic character.

Country Report

Algeria (Country update)

Algeria is experiencing continuing social unrest, although at a smaller scale than many other countries in the region. Meanwhile, the economy continues to grow at about 4% of GDP a year.

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

Russia (Country report)

The Russian economy remains too reliant on its oil and gas sector while corruption remains deeply embedded. The biggest change since our May 2011 update is the announcement that PM Putin will run for president.

Economic Update Dutch version

Economic Update United Kingdom

The much-awaited QE2 was finally launched in October after Adam Posen, the arch-dove MPC member, convinced everyone to get on board. The programme does not seem to be a success though. Growth in 11Q3 (0.5%) was in line with expectations.

Economic Update Dutch version

Economic Update France

Based on persistent weak sentiment we lowered our growth forecast for 11H2. We believe the uncertainty surrounding the European debt crisis will weigh on France’s economic activity going forward.