RaboResearch - Economic Research

Economic Quarterly Report

China: Deze tijger laat zich lastig temmen (Dutch)

In het jaar van de tijger slaagde de Chinese overheid er met moeite in om de economie onder controle te houden. Het reële bruto binnenlands product groeide in 2010 weer als vanouds, met meer dan 10%.

Economic Quarterly Report

Rente en valuta: Renteverhoging in zicht (Dutch)

Nog niet zo heel lang geleden was ‘de markt’ er heilig van overtuigd dat de ECB de rente voor lange tijd niet zou kunnen verhogen. De schuldencrisis, die ook haar weerslag heeft op de funding van het bankwezen in de perifere eurozonelanden, maakt het de ECB immers uiterst moeilijk om de beleidsmaatregelen van afgelopen jaren terug te draaien.

Country Report

Costa Rica (Country Report)

Thanks to considerable fiscal stimulus, Costa Rica has weathered the global economic crisis and the decline in US demand for its exports relatively well. As stimulus is not yet withdrawn and prospects for the US economy are improving, economic growth for the next years is expected to reach 4.3% on average

Economic Update Dutch version

Economic Update Belgium

The moderate economic recovery of 2010, primarily driven by export growth, will probably continue this year. It remains to be seen to what extent domestic demand will be able to start supporting this recovery. Consumers and producers are rather optimistic, in spite of the political stalemate. However, the government will eventually be forced to start imposing budget cuts, which will suppress domestic demand growth.

Economic Update Dutch version

Economic Update Germany

GDP growth in 2010 was strongest since unification thanks to strong exports and investment. The export outlook has become far less certain. Consumption shows no sign of revival as nominal wage growth remains subdued. Inflationary pressures are building amid sharp rebound in commodity prices, the country’s strong economic conditions and the ultra loose monetary policy stance of the ECB.

Economic Update Dutch version

Economic Update Italy

The sluggish economic recovery seems to have come to a halt in the last quarter of 2010. Export growth kept up well, but this has not been translated into higher industrial production. In all, the Italian economy had a rather weak close to 2010. With government austerity having started in January 2011, the start of this year probably has not been much stronger.

Country Report

Dominican Republic (Country report)

After having avoided dipping into recession in 2009 on the back of countercyclical fiscal and monetary stimulus made possible by an IMF stand-by agreement, the Dominican Republic’s economic recovery outpaced most of its neighbours in 2010. I

Country Report

Chile (Country Report)

Chile remains a country characterized by good macroeconomic policies and high quality institutions. The country was hit by a heavy earthquake in early 2010, but the impact of this event on country risk has been fairly limited.

Country Report

Jordan (Country report)

Jordan was confronted with some spill-over from the Tunisian democratic revolution, there is strong support among the people for the King. The King is relatively modern, but the country ranks low on the “Democracy Index”

Country Report

Fiji (Country report)

The military coup in 2006 marked a continuation of Fiji’s tumultuous political history. Coup leader Bainimarama has remained in charge since, at the cost of democracy. The coup and subsequent repression has isolated Fiji internationally