RaboResearch - Economic Research

Economic Update Dutch version

Economic Update United Kingdom

The preliminary GDP growth figure for 11Q1 (+0.5% q-o-q after -0.5% in 10Q4) shows that the UK economy has completely ground to a halt since last autumn.

Economic Update Dutch version

Economic Update Spain

Similar to the last quarter of 2010, export growth is set to grow at a healthy clip in the first quarter of 2011. Domestic demand on the other hand is still very weak.

Economic Update Dutch version

Monthly Update The Netherlands

One might think that the Dutch economy has fully recovered from the deep economic recession of 2009. However, despite the strong growth in the industrial sector, growth in the first quarter is unlikely to rise much above zero on a quarterly basis.

Country Report

Country Report Iceland

Economic activity in Iceland continued to fall in 2010. However, in 2011 the economy may slowly begin the recover.

Country Report

Bahrein (Country report)

Bahrain is a rich, small, liberal and free-trade island economy, which houses an important regional financial center and some major oil and aluminum processing plants. This combined with its strategic position between Saudi Arabia’s oil fields and nuclear Iran caused the US navy to select this kingdom as its most important base in the Persian Gulf

Country Report

Egypt (Country report)

A wave of protests of relatively loosely organized youth groups with support of Islamist and civil organizations forced an end to the 30+ years of Mubarak rule.

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

Poland (Country update)

The general trend in Poland is continuation. Economic growth was solid at almost 4% in 2010 and is expected to stay at this level this year. The key factor will be whether investment will kick in again.

Country Report

Turkey (Country report)

The sudden contraction of the economy in 2009 was followed by a rapid recovery in 2010. Although the economy of Turkey is known for its flexibility, the risk of overheating has moved to the forefront.

Country Report

Germany (Country report)

Germany’s strong economic recovery and resilient labour market are thanks to sound macro policies and the quick rebound in world trade. Risks to the reform agenda for Landesbanken and an escalation of the Eurozone debt crisis remain a medium-term concern.

Country Report

Norway (Country report)

The economic outlook for the Norwegian economy is solid. As there have been significant fiscal and monetary stimulus measures during the crisis, it’s now time for the government to step back.

Country Report

Denmark (Country report)

So far the economic recovery in Denmark has only been modest. That said, the growth outlook has improved and the government is making progress with budgetary consolidation and more prudent financial regulation.

Country Report

Spain (Country report)

The Spanish economy is still coping with the consequences of the housing market boom and bust. We expect weak economic growth both this year and next, leading only to a very modest decline in the unemployment rate.

Country Report

Ireland (Country report)

Even though the worst of the recession is now over, the Irish economy is set for a very slow economic recovery this year and next. Domestic demand will still contract this year, but continued export growth should be able to compensate for that.