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.
RaboResearch - Economic Research
12 Publications
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
Chile: economic reality holds back reforms
Despite low copper prices, growth picks up modestly on the back of government stimulus and external rebalancing, but risks remain tilted to the downside. Economic reality and Bachelet’s low popular approval rates hold back reform ambitions.
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 Mexico
Economic growth has slowed as a result of low oil prices and tax hikes, but going forward external demand and investment will support growth. Oil reform will further induce FDI but the security situation in some region remains challenging.
Country Report
Country Report Puerto Rico
Puerto Rico’s government is on the very verge of a default. Structural problems, economic shocks and weak public finances have yielded a decade of economic stagnation, outmigration, fiscal deficits and an unsustainable public debt.
Country Report
Country Report Uruguay
After years of very high growth, Uruguay’s economy is “cooling off” as exports and domestic de-mand growth rates are both slowing. Uruguay remains susceptible to weak economic conditions in the near region, in particular in Argentina and Brazil.
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 Bermuda
Bermuda’s economic performance has been weak in recent years, due to low external demand in the important (re)insurance and tourism sectors. For 2014, the economic outlook seems to have improved.
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.