RaboResearch - Economic Research

Economic Quarterly Report

The Netherlands: Towards the elections

The Dutch economy has not yet managed to escape the mire, and faces rising unemployment, shrinking consumption, falling house prices and a lack of business investment. The coming months will be decisive in several respects.

Economic Quarterly Report

Recovery Western economies remains slow

After a slowing of growth in 2012, growth in the global economy will pick up slightly next year. The recovery from the recession in 2008/2009 will however be extremely slow in Europe, the US and also Japan.

Economic Quarterly Report

Global Economic Outlook: Growth differences

In many regions, real GDP growth slowed in the second quarter of 2012 compared to the first quarter. Sentiment indicators moreover as yet show no sign of an improvement. We are forecasting only a slight acceleration for next year to 3¾%.

Economic Quarterly Report

UK: Recession 'made in Downing Street'

UK's economy has been going sideways since mid-2010 owing to harsh fiscal austerity measures. The release of 12Q1 GDP figure showed that the country entered a technical recession. Going forward, economic recovery is likely to remain tepid.

Economic Quarterly Report

Global Economic Outlook: Policy makers rule

The global economy started 2012 reasonably well. We expect there to be a new mild upturn in growth in the second half of the year. But this depends very much on the efforts to deal with the crisis in Europe and economic policy elsewhere in the world.

Economic Quarterly Report

Focus: The grass is greener to the East

As a result of its open character, the Dutch economy fluctuates along with the international economic cycle. The Netherlands is now again in recession, while GDP in Germany continues to grow. Is the grass greener in the East?

Economic Quarterly Report

Netherlands: Uncertainty continues

Dutch citizens are again facing a package of unprecedented spending cuts and increases in tax and social insurance contributions, at least by Dutch standards. The Spring Agreement should be seen as the start of further budgetary consolidation.

Economic Quarterly Report

Government Finances: Reforms or cuts?

The current Dutch government has booked the Prime Minister’s official residence called ‘the Catshuis’ for three weeks to agree on billions in new spending cuts. The Dutch government says restructuring government finances is the answer to the crisis.

Economic Quarterly Report

Netherlands: Always look on the bright side

The Dutch economy is back in recession. After a quarter-on-quarter contraction in the third quarter of 2011, the size of the Dutch economy shrank by 0.7% in the last quarter of 2011. It is expected to pick up again in the course of 2012.

Economic Quarterly Report

Global Economic Outlook: Cautious optimism?

The global economy is performing better than most feared. But there are still many headwinds that can choke the recovery. The good news is that the downside risks may be mitigated by adequate fiscal and monetary policy measures.