RaboResearch - Economic Research

Special

Eurocrisis: Publieke hulp dekt private vlucht (Dutch)

De eurocrisis is een ver­trouwenscrisis waar private investeerders zich uit de periferie terugtrekken en publieke middelen de gevallen gaten tijdelijk afdekken. De steun is nodig om onwenselijke economische schade in heel Europa te voorkomen.

Special

Mind the fiscal speed limit

The current debate amongst economists regarding the timing of fiscal consolidation is not yet resolved. In this Special we present evidence that fiscal policy has a larger short-term negative impact on growth than the government currently expects.

Economic Report

The inflation genie must not leave the bottle

There is an on-going debate in the UK regarding the merits of nominal GDP targeting. Of course, ‘out-of-the box’ thinking is welcome but the risk of switching to a new policy framework is high because it can destabilise inflation expectations.

Economic Report

Turkey: ready to compete?

The competitiveness of the Turkish economy is obstructed by a high minimum wage, stringent labor laws and a flawed education system. Improvements are needed to allow Turkey to compete abroad and fully benefit from a young and growing labour market.

Economic Report

Turkey: coping with external imbalance

Despite Turkey's economic success over the past decade, its large external imbalance remains a cause for concern. This report considers the risks, as well as the reforms needed to reduce this imbalance and move to a more sustainable growth path.