RaboResearch - Economic Research

Country Report

Panama (Country Report)

Panama's economy continues to rank among the world's fastest growing economies. In order to save future Panama Canal revenues, a sovereign wealth fund has been established, which could strengthen public finances in the long-term.

Country Report

Spain (Country Update)

The Spanish government is seriously tackling its financial and economic issues. But the country is currently in a perfect storm of recession, missed budget deficit targets, rising government debt and rising opposition to government policies.

Economic Comment

Meevallende krimp in het eurogebied (Dutch)

De economische krimp in het eurogebied was in het derde kwartaal iets kleiner dan een kwartaal eerder. Dat is positiever dan wij verwacht hadden. Wij denken dat de krimp in het laatste kwartaal van het jaar weer sterker zal zijn.

Special

Visie op 2013: Wennen aan lagere groei (Dutch)

De Nederlandse economie zal in 2013 nauwelijks groeien (+¦%). Wereldwijd moet de economische groei grotendeels uit de opkomende markten komen. Onder invloed van vooral de eurocrisis zal het mondiale groeiherstel in 2013 beperkt blijven tot 3?%.

Special

Outlook 2013: Latin America and Caribbean

While a more challenging external environment has contributed to somewhat slower economic growth in Latin America and the Caribbean in 2012, earlier overheating and inflation pressures have abated in most countries.

Special

Outlook 2013: Middle East and North Africa

The revolution that shook the Arab world in 2011, continues to affect the region's economic performance and political stability. In addition, the region is sensitive to the ongoing crisis in the eurozone and slowing growth in the rest of the world.

Special

Outlook 2013: Russia and CIS

The outlook for economic growth in Russia and the CIS region for 2013 is mostly unchanged from our 2012 estimates. We discuss the economic policy options to boost economic growth next year. However the uncertain global economic backdrop poses a risk.

Special

Outlook 2013: China

Weakened external demand and only limited growth supporting policies from the Chinese government were the main factors explaining China's slowing growth rate in the first three quarters of 2012. Growth is expected to accelerate this year and in 2013.

Special

Outlook 2013: Emerging Asia

In 2013, global economic growth is expected to be 3?%, with growth estimated to remain subdued in the US (1?%), the eurozone (?%) and Japan (1%). China's economy is expected to grow by between 7?% and 8?%.

Country Report

Argentina (Country Report)

Argentina's self-contradictory and interventionist macroeconomic policy mix is under more and more pressure. As the years of high growth seem to have ended, president's Cristina Kirchner's popularity has been falling rapidly.

Country Report

Maldives (Country Report)

The political situation in the Maldives escalated in February 2012, when President Nasheed resigned. With the presidential and general elections planned for 2013 and 2014, respectively, more political turmoil is expected.

Country Report

Qatar (Country Report)

The domestic social situation in Qatar is stable, but an escalation of the civil war in Syria and the conflict between Israel and Iran remain geopolitical risks. We estimate economic growth at 6.5% in 2012.

Economic Update

Economic Update Emerging Markets

In 3Q12, economic growth slowed in many emerging markets, including China, Mexico and Poland. This triggered the IMF and others to revise their estimates downward. For China, the end of the slowdown seems in sight, but this is not the case for India.

Economic Update

Conjunctuurbeeld Duitsland (Dutch)

Zwakkere sentimentindicatoren wijzen op een lagere groei in 12K4. Dankzij een sterke export waren de harde data beter dan verwacht. De huizenprijzen bleven stijgen in 12H1. De stijgende werkloosheid drukt nog niet het consumentenvertrouwen.

Economic Update

Conjunctuurbeeld Spanje (Dutch)

De krimp van het Spaanse BBP-volume was in 12K3 minder sterk dan verwacht. Maar dit was een tijdelijke meevaller omdat consumenten met de btw-verhoging van september in het vooruitzicht extra aankopen in augustus hebben gedaan.