RaboResearch - Economic Research

Economic Quarterly Report

The Netherlands: heading for seven lean years

The Dutch economy has failed to recover from the Great Recession of 2008/2009 over the past several years. It contracted again in 2012 due to relatively low export growth and a drop in domestic spending. We do not expect this outlook to change to any significant degree this year or next.

Economic Quarterly Report

Light in the middle of the tunnel

The world has entered calmer waters since the beginning of this year. As such, some are already claiming that they are ‘seeing the light at the end of the tunnel’. We caution that there may still be some tunnel ahead.

Economic Quarterly Report

United Kingdom: growth stagnant, employment up?

UK’s recovery is still very sluggish while the labour market is going from strength to strength. The economic outlook is unlikely to improve materially unless the pace of fiscal consolidation is slowed.