RaboResearch - Economic Research

Country Report

Panama (Country Report)

Panama's economy continues to rank among the world's fastest growing economies. In order to save future Panama Canal revenues, a sovereign wealth fund has been established, which could strengthen public finances in the long-term.

Country Report

Mexico (Country Update)

After years of congressional gridlock, Mexico's newly-elected president Enrique Pe?a Nieto has presented a comprehensive structural reform package. While the reforms look promising, he will likely face protracted negotiations with the opposition.

Country Report

Argentina (Country Report)

Argentina's self-contradictory and interventionist macroeconomic policy mix is under more and more pressure. As the years of high growth seem to have ended, president's Cristina Kirchner's popularity has been falling rapidly.

Country Report

Peru (Country Update)

Peru's macroeconomic policies have remained prudent and Peru's economy is likely to grow by 5.5%-6% a year in 2012 and 2013, but social tensions surrounding mining activity remain high.

Country Report

Brazil (Country Update)

Brazil's economic growth has been disappointing, with growth falling to 2.7% in 2011 and an expected 2% (at most) in 2012. The central bank has been lowering its policy rate to a record-low 7.5%.

Country Report

Mauritius (Country update)

Mauritius? open economy is very vulnerable to the eurozone crisis and the global economic slowdown.

Country Report

Colombia (Country update)

Colombia's economy grew by 4.7% in the first quarter of 2012. An attack on former Interior Minister Fernando Londoño highlighted that security problems are still large in Colombia, although a return the violence seen earlier seems very unlikely.

Country Report

Nicaragua (Country Report)

Benefitting from strong foreign direct investments, Nicaragua's economy posted 4.7% economic growth last year. Still, Nicaragua remains heavily dependent on politically-motivated Venezuelan financial support.

Country Report

Suriname (Country Report)

Benefitting from rising gold prices and foreign investment into its mining sector, Suriname's economic growth strengthened to 4.3% last year. However, the passage of an amendment to the Amnesty Law sparked sharp protests from Western countries.

Country Report

Brazil (Country report)

Brazil’s economy grew by only 2.7% in 2011, after the high 7.5% growth of 2010. The government has tried to stem the appreciation of the real by further tightening its capital controls.

Country Report

Mexico (Country report)

Reflecting a very gradual US recovery, Mexico's economic growth is expected to cool down to 3.4% this year. Mexican politics are dominated by the July 1st legislative and presidential elections that will likely be won by the opposition.

Country Report

Bermuda (Country update)

On Bermuda, the (re)insurance and tourism sectors dominate, which means that a slow recovery in the US and Europe weighs on economic growth.

Country Report

Argentina (Country report)

In mid-April Argentina’s government grabbed international headlines when it partially nationalized YPF, Argentina’s largest energy company. Meanwhile, Argentina’s economic policy framework is resulting in increasing macroeconomic pressures.

Country Report

Trinidad and Tobago (Country report)

Trinidad & Tobago's wealthy economy continues to remain in recession, as technical disruptions hampered oil and gas production and regional demand for non-hydrocarbon exports stayed weak. The government responds with fiscal stimulus.

Country Report

Uruguay (Update country report)

Uruguay’s economy has continued to grow quickly, although growth has slowed somewhat recently. The deceleration has been welcome, as the economy was close to overheating. The labour market is still very tight.