RaboResearch - Economic Research

Economic Comment

Eurozone: herstel kost tijd (Dutch)

Ondanks de verbetering van het sentiment in de afgelopen maanden vertraagde de groei van het eurozone-BBP in het derde kwartaal. Dit komt met name door het wegvallen van enkele tijdelijke positieve impulsen uit het tweede kwartaal.

Economic Report

Outlook 2014 - United Kingdom

There are signs that UK’s economic activity is gathering momentum. But the recovery is not on a solid footing yet and, therefore, needs to be nurtured.

Economic Report

Outlook 2014 - Eurozone

The eurozone economy seems to have entered a phase of modest recovery. But, worrisome public finances, limited investment demand and tight credit conditions continue to hamper growth. Current problems are unlikely to be solved by a banking union.

Economic Comment

Eurozone: één zwaluw, geen zomer (Dutch)

In 13K2 is de eurozone recessie tot een eind gekomen. Op het eerste gezicht stemmen harde data en sentimentsindicatoren positief over het toekomstig herstel. Verschillen tussen lidstaten zijn echter groot en economische tegenwinden blijven aanwezig.

Economic Report

Eurozone instituties: werk in uitvoering (Dutch)

Deze studie beschrijft de institutionele stappen in de eurozone op het terrein van budgettaire, financiële en economische integratie. Dit Themabericht is een verkorte versie van Rabobank Special 13/08: Institutionele herinrichting eurozone.

Economic Comment

Europa naar andere beleidskoers (Dutch)

De Europese Commissie lijkt de beleidsfocus van de lidstaten te willen verschuiven van bezuinigingen en lastenverzwaringen naar structurele hervormingen. Hoewel economisch verstandig, is het de vraag of deze hervormingen kunnen worden afgedwongen.

Economic Comment

Eurozone: blijven wachten op herstel (Dutch)

De economische activiteit in de eurozone is in het eerste kwartaal van 2013 wederom gekrompen (-0,2% k-o-k). Sentimentsindicatoren wijzen op een eveneens zwak tweede kwartaal. Voor de rest van het jaar blijven de vooruitzichten mager.

Economic Comment

China: Growth slows in first quarter

China´s economic growth slowed in the first quarter of 2013, against expectations. Chinese authorities don’t seem too concerned (yet) and take a cautious approach regarding further growth supporting policies. China´s growth estimate for 2013 is lowered to 7.5%-8%.

Economic Report

Turkey: export-led growth

The past decade saw Turkey move away from the boom-bust cycles of the past. The new export industries are a good step in the right direction, but more is needed. This Special Report takes account of the past, while also considering the road ahead.

Economic Report

Turkey: long term outlook

The past decade saw Turkey break with its turbulent past. This final Special Report on Turkey’s long-term economic prospects discusses our expectations for the coming decade in all these areas.

Economic Report

Turkey: political and social situation

Located in both Europe and Asia, Turkey is often regarded as the bridge between east and west. This Special Report considers Turkey’s current social and political situation, as well as the challenges ahead.

Economic Report

Turkey: financing growth

Turkey’s growth performance over the past decade has been impressive but not without risks. This study looks at mechanisms to improve Turkey’s domestic savings rate, as well as the country’s efforts to guarantee long-term investments from abroad.

Economic Comment

The Cyprus bailout program

The Cyprus bailout program presented on Monday 25 March is much better than the proposal presented a week before. A Cypriot euro exit has been averted, but the country will face a difficult and uncertain economic future. 

Economic Report

The eurozone needs an economic fire department

The actions we see when a fire erupts in a building are not unlike those observed during the eurozone crisis. The lesson here is that the eurozone must always have an economic fire department in combination with stronger institutions.

Economic Report Dutch version

Italian elections: A lost year?

Given the Italian election outcome, resurgence of political and financial market unrest seems likely. No party has obtained a workable majority and a coalition seems extremely difficult to be formed. In any case, the appetite for further fiscal austerity and reforms will be lower than desired.