RaboResearch - Economic Research

Country Report

Oman (Country report)

The country’s and the sovereign’s solvency is comfortably assured by at least a decade of (often substantial) current account and fiscal budget surpluses, although the value of external assets are not provided. We consider official and hidden reserves to be sufficient to cover for unlikely current account deficits. They are also large enough to defend the fixed exchange rate to the USD.

Economic Report

Price fighters

Increased demand in emerging markets, combined with a series of failed harvests have sent food prices through the roof.

Country Report

Libya (Country update)

Last February, protests against the Libyan leader Muammar Qaddafi spiralled into a civil war between Qaddafi’s security forces and supporters of the interim Transitional National Council (TNC) that seek to topple Qaddafi’s regime, as well as NATO forces siding with the TNC. The conflict has killed thousands and has crippled the Libyan economy.

Economic Quarterly Report

Focus: The Arab spring

It's a compelling tale. With wave after wave of protests sweeping through country after country, the Middle East and North Africa (MENA) finally appear ready for a democratic, peaceful future. The truth is – obviously – more complicated.

Economic Quarterly Report

Economisch Kwartaalbericht (Dutch)

Bij nagenoeg alle positieve economische ontwikkelingen benoemen we in dit Economisch Kwartaalbericht telkens een aantal mogelijke risico’s. Veelal gaat het om grote onzekerheden die de hele economische werkelijkheid op de kop kunnen zetten.

Economic Quarterly Report

De Arabische lente (Dutch)

Het klinkt als een sprookje. Als land na land te maken krijgt met protesten, lijkt het Midden-Oosten en Noord-Afrika eindelijk klaar voor een democratische en vredige toekomst. De werkelijkheid is -uiteraard– veel minder zwartwit.

Country Report

Egypt (Country report)

A wave of protests of relatively loosely organized youth groups with support of Islamist and civil organizations forced an end to the 30+ years of Mubarak rule.

Country Report

Bahrein (Country report)

Bahrain is a rich, small, liberal and free-trade island economy, which houses an important regional financial center and some major oil and aluminum processing plants. This combined with its strategic position between Saudi Arabia’s oil fields and nuclear Iran caused the US navy to select this kingdom as its most important base in the Persian Gulf

Country Report

Turkey (Country report)

The sudden contraction of the economy in 2009 was followed by a rapid recovery in 2010. Although the economy of Turkey is known for its flexibility, the risk of overheating has moved to the forefront.

Country Report

United Arab Emirates (Country report)

The UAE escaped the turmoil that hit the Arab world over the past months, as the social and economic causes of the unrest hardly applied to the emirates. There is no suppressed frustration like in Saudi Arabia. Rich, powerful and conservative Abu Dhabi dominates the federation, with modern and market-minded but indebted Dubai playing second fiddle.

Country Report

Israel (Country Report)

Israel’s small but technologically advanced free-market economy, located in an important and geopolitically high risk region, was and still is doing remarkably well. The short-term outlook is also encouraging.

Country Report

Jordan (Country report)

Jordan was confronted with some spill-over from the Tunisian democratic revolution, there is strong support among the people for the King. The King is relatively modern, but the country ranks low on the “Democracy Index”

Country Report

Brunei (Country report)

The prosperous country of Brunei derives its wealth from an abundance of oil and gas resources. The economy contracted 1.8% yoy in 2009 and is estimated to have grown over 1% in 2010, on the back of higher global commodity prices