RaboResearch - Economic Research

Country Report

India (Country update)

Economic growth in 2011/12 slowed to 6.5% from 8%+ growth figures in the years before. This year, economic growth is expected to be 6% to 6.5%. The government is seen as all important to kick-start economic growth, but the ruling UPA is a lame duck.

Country Report

Ghana (Country report)

Ghana's main economic risk is the country's persisting twin deficit on the current account balance (of 9.4% in 2011) and fiscal balance (of 4% of GDP in 2011).

Country Report

Kenya (Country report)

The upcoming general election period may lead to political and social instability in Kenya, comparable to 2007's election unrest.

Country Report

Saudi Arabia (Country Report)

Saudi Arabia is a prosperous country due to an abundance of hydrocarbon resources and is estimated to grow by 5.6% in 2012. The country was hardly affected by contagion from the Arab Spring protests, due to substantial government hand-outs.

Country Report

Oman (Country Update)

Oman's economy will grow by 4.9% in 2012, buoyed by domestic demand and external demand for its oil and gas exports. A downside risk is the uncertain global economy, especially the eurozone peripheral debt crisis and slowing growth in China.

Country Report

Mauritius (Country update)

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

Economic Comment

Eurozone: nog geen reden tot juichen (Dutch)

De economische activiteit in de eurozone is in het tweede kwartaal van 2012 licht gekrompen (-0,2% k-o-k). Een meevaller, aangezien veel economen -onder wie wijzelf- rekening hielden met zwaardere krimp.

Country Report

Bosnia and Herzegovina (Country Report)

Bosnia and Herzegovina's economic performance remains very weak amid a challenging external environment, while the country's intricate ethnically-based administrative structures prevent a major improvement of the poor business climate.