RaboResearch - Economic Research

Economic Update

Economic Update Emerging Markets

China’s growth has reached its lowest level since the financial crisis. The Reserve Bank of India cut its policy rate by 50bps. Brazil’s central bank also cut its policy rate.

Economic Update

Economic Update Germany

The PMI manufacturing data in April is pointing to economic contraction in 12Q2. But the other reliable leading indicators suggest the recovery is still on track.

Economic Update

Economic Update Spain

Spain is back in recession. The economy contracted by 0.3% q-o-q in 12Q1 – exactly matching the decline in the previous quarter.

Economic Update

Conjunctuurbeeld Duitsland (Dutch)

De vertrouwensindex van industriële inkoopmanagers wijst op economische krimp in 12K2. Andere betrouwbare indicatoren suggereren echter dat het herstel nog steeds standhoudt.

Economic Update

Conjunctuurbeeld Spanje (Dutch)

De Spaanse economie kromp in 12K1 net als in het kwartaal ervoor met 0,3% k-o-k. Na nog geen twee jaar van zeer matig herstel van de recessie van 2008/09 is Spanje dus weer terug in recessie.

Economic Update

Economic Update Belgium

Recent figures show that the Belgian economy did not experience a recession last year and that 2012 started with growth. Although encouraging, this does not pave the way for solid growth during the course of the year.

Economic Update

Conjunctuurbeeld België (Dutch)

Recente cijfers laten zien dat België vorig jaar geen recessie heeft gekend en dat het huidige jaar met groei is begonnen. Hoewel bemoedigend, biedt dit zeker geen garantie voor solide groei in de rest van het jaar.

Economic Report

Why is the euro crisis not ending? (part 1)

In the first part of this series, we will show that fiscal indiscipline is not at the root of this crisis. This is why the current policy prescription (fiscal austerity) has not been the silver bullet most hoped for.

Economic Report

Why is the euro crisis not ending? (part 2)

In part 2, we propose a number of steps the European policymakers can take in order to end the crisis. All it takes is a little bit of imagination and a lot of willingness.