RaboResearch - Economic Research

Country Report

Country Report Thailand

Thailand’s economy grew robustly last year, but concerns about asset bubbles are emerging. Thanks to prime minister Shinawatra’s cautious policies regarding the return of her exiled brother Thaksin, social tensions calmed down, but remain present.

Country Report

Country Report Macedonia

Macedonia’s economic and political situation looks challenging, as the country’s economy contracted last year and the passage of this year’s budget resulted in a major political crisis. Meanwhile, EU membership remains a distant prospect.

Country Report

Country Report Czech Republic

Reflecting close business cycle synchronicity with the euro area and fiscal consolidation at home, the Czech economy contracted by 1.2% last year. Yet, thanks to ongoing fiscal prudence, the deterioration of public finances could be contained.

Country Report

Country Report Slovenia

Slovenia has been singled out as a potential candidate for an EU/IMF bailout. Recent bond emissions should cover this year’s financing needs, but larger-than-expected bank recapitalization costs could still make external assistance necessary.

Country Report

Country Report Serbia

Serbia’s economic and fiscal situation remains worrisome, as the country’s economy fell back into recession last year and a pre-election spending binge led to a marked deterioration of its public finances.

Country Report

Country Report Croatia

Croatia will join the European Union on July 1st, 2013, but its accession is unlikely to bring about short-term relief from its economic problems. Its economy is expected to remain in recession this year, as domestic and external demand stay weak.