RaboResearch - Economic Research

Economic Quarterly Report

Op zoek naar evenwicht (Dutch)

De wereldeconomie bevindt zich in een onzekere fase. Na de korte maar hevige recessie die eind 2008 inzette, is wereldwijd alweer snel een overtuigend groeiherstel opgetreden. Helaas is dit herstel inmiddels alweer aan slijtage onderhevig.

Economic Quarterly Report

Analistenkoorts (Dutch)

Wat doet China? De cijfers uit diverse bronnen zijn even (on)betrouwbaar, terwijl de meningen van analisten verschillen van ‘China als verlosser’ tot ‘China als veroorzaker van de volgende crisis’. Wat mogen we van China de komende tijd verwachten?


Kleine weeffouten met grote gevolgen (Dutch)

Er zijn nog steeds fundamentele mondiale onevenwichtigheden die een houdbare groei in de weg staan. Alleen een ingrijpende hervorming van de internationale infrastructuur kan die onevenwichtigheden wegwerken. En daar moet nog aan begonnen worden.

Country Report

Ghana (Country update)

The large macroeconomic imbalances with which Ghana entered the global financial crisis have narrowed recently. However, there are still sizeable vulnerabilities.


The Return of Sovereign Risk in the Industrialised World

The severe deterioration of asset quality in late 2007 marked the opening act of the financial crisis. A drop in global economic activity during 2008 and early 2009 was next. A wave of sovereign defaults in the industrialised world is step three.

Economic Quarterly Report Dutch version

The CIS countries: another ‘Africa’?

While Europe is being dragged into the Greek tragedy, the former Soviet Union is facing completely different challenges. In this article we compare this region with Africa and conclude that there are some striking resemblances.

Country Report

Country Report Morocco

Morocco’s stable growth and banking sector, despite the global crisis, mark the county’s present relatively sound economic state.

Economic Report

India looking East

India has never been a big player in international trade. Nevertheless, over the past twenty years, the country has developed its trade relations. India started in 1991 with its ‘Look East’ policy, trying to gain better access to regional markets in Asia.

Country Report

Cameroon (Country report)

In the past, Cameroon benefited from being a small oil-exporting economy (10% of GDP, but 40% of exports and fiscal revenues in 2008). Oil exploitation created fluctuating trade and budget surpluses and attracted inward foreign investments.

Economic Quarterly Report

Economisch herstel zichtbaar (Dutch)

In de afgelopen maanden is het economisch herstel in veel opkomende markten ingezet. Ingrijpen van de overheid, een banksysteem dat verhoudingsgewijs weinig is geraakt door de financiële crisis en stijgende grondstofprijzen helpen daarbij.

Economic Report

The return of IFI lending

The global financial crisis has brought the IMF, the World Bank and other International Financial Institutions (IFI’s) back to the spotlights. With large emergency loan packages, they have helped countries to deal with the severe economic shocks.

Country Report

Malaysia (Country report)

The global recession in 2009 hit Malaysia via the trade channel. The highly export dependent economy experienced a steep decline in external demand for its export products last year.

Economic Report

Chili: nature strikes

One of the strongest earthquakes to ever hit Chile occurred on 27 February 2010. The country’s infrastructure sustained massive damage and the death toll is currently estimated around 600. As a result of the earthquake, economic activity will be subdued in the short term.

Economic Report

Chili: a step to the right

Since the return to democracy in 1990, the center-left oriented coalition, the Concertación, had won every presidential election. In fact, Piñera is the first right-wing candidate to win a democratic presidential election since Jorge Allisandri Rodríguez won the presidency in 1958.