RaboResearch - Economic Research

Country Report

Country Report Egypt

Domestic stability in Egypt has improved markedly and the economy is showing timid signs of recovery. The government has engaged in bold reforms and generous aid from the GCC countries gives Egypt the financial space to gradually implement them.

Country Report

Country Report Saudi Arabia

Weaker oil markets are hurting Saudi Arabia given the high reliance of the economy and government income on the hydrocarbon sector. Fortunately, strong financial buffers provide sufficient mitigation for now.

Country Report

Country Report Kuwait

Kuwait’s hydrocarbon dependent economy slowed in 2013 and prospects for 2014 are stable. The political focus seems to be shifting towards the crown prince succession, which might stall progress booked on economic reforms in the past year.

Country Report

Country Report Egypt

A generous financial lifeline from the GCC countries kept the Egyptian economy afloat in 2013 and will do so again in 2014. However, persistent polarisation of the Egyptian society makes the country’s future highly uncertain.

Country Report

Country Report Egypt

The ouster of president Morsi placed Egypt on a new political transition trajectory – unfortunately, not a more democratic one. Generous assistance from the GCC countries gives Egypt financial breathing space, but economic perspectives remain bleak due to unaddressed structural problems.

Country Report

Country Report Egypt

The political stalemate in Egypt pushes the downtrodden economy further into the abyss. However, Egypt is expected to muddle through until the elections, but the downside risks are high.

Country Report

Country Report Tunisia

Political polarization and an upsurge in radicalization make stability maintenance a challenge for Tunisia, while its realization is essential for a recovery of the economy and for restoring the increasing external and fiscal imbalances.

Country Report

Country Report Morocco

The popular Moroccan king maintains political stability, but the macroeconomic imbalances are aggravating as long as reforming the excessive subsidy bill is staved off.