RaboResearch - Economic Research

Country Report

Zambia: headwinds due to low copper prices

Low copper prices and lower copper production have pulled the trade balance in negative territory and increased the budget deficit. This combined with a sharp depreciation of the kwacha has increased public debt.

Country Report

Country Report India

Economic growth has been strong recently and is expected to strengthen somewhat in the near future. Although economic policy in India is moving into the right direction, the pace is slow, which eventually might hurt economic growth.

Country Report

Country Report Belgium

The new centre-right government plans to target the budget deficit and Belgian firms’ competitiveness. Thanks to various measures implemented by the former and current government, the increase in unit labour costs came to halt in 2014.

Country Report

Country Report France

In the short-term, low oil prices and the weak euro will support economic growth. But the French economy also faces many structural challenges, including a relatively weak competitiveness position, high unemployment and weak public finances.

Country Report

Country Report France

In the short-term at least, further fiscal austerity and weak employment growth will continue to constrain economic growth. Furthermore, the French economy faces many structural challenges, but still has robust fundamentals.

Country Report

Country Report Belgium

Despite the recovery of the economy, it has lost competitiveness due to higher labour cost and lower productivity growth than European countries. The government deficit decreased below 3% of GDP but the government debt level remains high.