Country Report
De terugkeer van Vladimir Putin als president wordt gekenmerkt door controverse en massale straatprotesten. Ondertussen zal de economie met 3.7% groeien in 2012, maar blijft het te afhankelijk van de olie- en gassector.
Country Report
Based on strong economic growth, solid public finances and a balanced current account, Indonesia's star has been rising. However, Indonesia's structural problems are still large and progress is slow.
Economic Report
Elections in Germany in 2013 might result in a stable and EU-friendly grand coalition. However, recent appeals against the ESM ratification suggest that politicians will be constrained by legal boundaries regarding further EU integration.
Economic Report
In this study we analyse the feasibility of Dutch implementation of the British (Vickers) and American (Volcker) proposals for separating retail and investment banking or a ban on proprietary trading, respectively.
Economic Comment
Central banks from around the globe have recently become more active in supporting growth. These actions are very welcome and may offer some hope for battered Western economies.
Country Report
Colombia's economy grew by 4.7% in the first quarter of 2012. An attack on former Interior Minister Fernando Londoño highlighted that security problems are still large in Colombia, although a return the violence seen earlier seems very unlikely.
Special
In this paper we will assess the ratings given by Moody's, S&P and Fitch.
Economic Comment
On July 10, the German Constitutional Court holds the first hearing regarding appeals against the ESM, the fiscal compact and an amendment to Article 136 TFEU, which legally anchors a stability mechanism in the Treaty.
Economic Comment
The UK monetary authorities have come up with new credit easing and quantitative easing measures to jump-start the ailing economy. We continue to remain unconvinced that these measures will materially alter the economic outlook.
Economic Update
This month’s economic data from emerging markets is rather mixed. While first-quarter economic growth in Mexico and the Philippines surprised to the upside, Brazil’s economy continues to slow down. Argentina might soon face challenging times.
Economic Update
Following two quarters of a 0.3% q-o-q GDP contraction, the decline in economic activity probably acce-lerated in 12Q2. The fact that the government has been unable to reduce the budget deficit up until May is worrying.
Economic Update
Over the first quarter, the economy did not contract contrary to what the flash estimate suggested. Instead, the economy grew according to Statistics Netherlands? most recent estimates. The revision indicates GDP volume over 12Q1 increased by 0.3%.
Economic Update
After the better than expected GDP figure in 12Q1 a new slow down seems unavoidable. We anticipate a contraction of GDP in 12Q2. If the economic weakness lasts, we believe also the labour market cannot remain out of harm's way.
Economic Update
GDP increased by 0.5% q-o-q in 12Q1. Activity is likely to be far weaker in Q2. Even a minor contraction in GDP cannot be excluded. Unemployment rose for the third month in a row in June.
