RaboResearch - Economic Research

Country Report

Country Report Malaysia

Growth in Malaysia is expected to slow slightly in the coming years. Lower oil prices will hurt government income in 2015. As the political career of opposition leader Anwar Ibrahim has ended, the opposition coalition has been weakened.

Economic Comment

Verlaging Chinees groeidoel welkome stap (Dutch)

De verlaging van het Chinese groeidoel naar 7% is een goede stap. De arbeidsmarkt lijkt iets lagere groei aan te kunnen, maar lagere groei is wel een risico voor debiteuren. Ook andere hervormingsuitdagingen blijven erg groot.

Economic Update

Belgium: slow economic growth continues

We expect the Belgian economy to grow by around 1¼% in 2015, supported by household consumption and exports. There will be further economic growth (1½%) in 2016, driven by the global economy and investment, but consumption growth will then slow down.

Special

Oil: the Good, the Bad and the Ugly

The recent plunge in oil prices will be a net plus for the global economy. The pain will be felt by major oil producers and for some this may cause serious problems. However, we still expect the global economy to gain more than the losers will lose.

Column

Een Italiaanse droom of nachtmerrie? (Dutch)

Italië, een vakantieland bij uitstek en favoriet bij vele Nederlanders. Afreizen naar dit mooie land om een onderneming te starten blijkt echter andere koek. Een goede voorbereiding is dan ook een must om frustraties te beperken en succes te behalen.

Economic Update

Spain: solid GDP growth on the back of domestic recovery

Rabobank expects the Spanish economy to grow around 2¼% in 2015. This growth is primarily driven by private consumption but public consumption and investment will also contribute positively. Net exports are expected to contribute negatively to GDP as import growth remains strong on the back of domestic demand.

Country Report

Country report Singapore

Strong institutions and policymaking support (potential) GDP growth, while the country’s small size and ageing pose challenges. Healthy balance sheets and a solid international creditor position reduce Singapore’s susceptibility to (global) shocks.

Country Report

Country Report India

India is experiencing an upward momentum. Growth is accelerating and the government is incrementally implementing needed reforms, inflation is easing and the current account deficit has narrowed.

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 United States of America

The US has fared well economically on the back of successful internal and external rebalancing. Moreover, it has also reduced its oil dependence but it remains vulnerable to political gridlock at the federal level in the coming years.