Country Report
Brazil: rays of light at the end of the tunnel
Political risks have decreased and the economic downturn seems to be bottoming out, but the out-look of the currently dire fiscal position is still uncertain.
RaboResearch - Economic Research
12 Publications
Country Report
Argentina: normalizing the economy, a tough balancing act
The Argentinian government is sustaining efforts to open up and normalize the economy, but it is shifting to a more gradual approach given social and political constraints. Important successes have already been booked on the external front.
Country Report
Argentina: economic transition full speed ahead
Following opposition victory in the November 2015 Argentinian elections, Argentina changes course on economic policy. The shift is good for the business environment, but not without implementation risks.
Country Report
Brazil: caught up in a political storm
Brazil is struggling with policy paralysis and a deep recession as a colossal corruption case has brought politics to a gridlock. Little improvement is expected in 2016.
Country Report
Argentina: winds of change
Argentina is heading for change as the October 2015 elections are approaching. However, the economic tide will take longer to change as macroeconomic imbalances are large and increasing.
Country Report
Peru: losing steam
Falling commodity prices take their toll on the Peruvian economy and currency. Political vacuum leaves room for more radical outsiders in the 2016 elections.
Country Report
Brazil: headwinds intensify
Brazil is experiencing the strongest contraction in the last two decades on the back of an unfavourable environment, a frontloaded adjustment of economic policy and prevailing negative sentiment. Increasing political tensions complicate the situation.
Country Report
Country Report Brazil
Brazil’s economy is in the doldrums and the recent return to sounder macroeconomic policies, though positive in the long term, will weigh heavily on economic activity in 2015.
Country Report
Country Report Uruguay
The ruling Frente Amplio won a third term in office and will now have to strike a balance between high spending needs and sound macroeconomic policies while the economy is slowing down.
Country Report
Country Report Argentina
Argentina’s huge macroeconomic imbalances worsened in 2014 and little improvement is expected in 2015, at least not until a new cabinet takes office in December 2015 after the elections.
Country Report
Country Report Chile
A new government took office in March 2014 and has been pushing through a bold reform agenda. In the meantime, the economy took a downturn, but economic activity is likely to improve in 2015.
Country Report
Country Report Ecuador
Ecuador’s return to the international capital markets improved its liquidity. But, the external position remains weak. The interventionist and nationalist tendencies of the Correa government continue.