RaboResearch - Economic Research

Country Report

Thailand: heading for extended military rule

Thailand is heading for extended military rule, as the National Assembly rejected the proposal for a new constitution paving the way to early elections. Economic growth remains relatively weak, forcing the government to revert to populist economic policies.

Country Report

New Zealand: continuing stress in dairy and housing sector

The economic growth outlook has worsened due to less favorable global outlook, which keeps key commodity prices low. The risk of a sharp correction of house prices in Auckland has induced the government to implement additional macro-prudential measures.