RaboResearch - Economic Research

Economic Report

Argentina, ten years on

24 December 2011 marks the 10th anniversary of Argentina’s dramatic sovereign default. Ten years later, it seems that Argentina is in a much healthier state. We explain what is behind this 'miracle' and conclude that the boom is coming to an end.

Country Report

Mexico (Country update)

Mexico's economy faced increasing headwinds this year, as economic growth in the US, it's main trading partner, slowed down markedly.

Country Report

Country Report Peru

Fuelled by higher commodity prices and improved business and consumer sentiment, Peru has recovered vigorously from the global economic crisis. As a result, the economy is now operating close to full capacity.

Country Report

Panama (Country update)

Benefitting from a large-scale public investment program, Panama’s economy will likely withstand the current global economic slowdown and continue to grow solidly. While government finances remain stable, challenges might arise over the medium-term.

Country Report

Peru (Country report)

Peru’s presidential elections were won by former left-wing radical Ollanta Humala. However, both the policies and the most key economic decision makers of the new government have a very moderate and pragmatic character.

Country Report

Argentina (Country Report)

On 23 October 2011, Cristina Fernández de Kirchner won the presidential elections convincingly with 54% of the votes. Her party also regained the majority in congress which it lost in 2009. This will give Fernández a strong position in the coming years.

Country Report

Suriname (Country Report)

In early 2011, Suriname’s government implemented a number of drastic measures, including a currency devaluation and an increase of the fuel tax. The measures are likely to improve the fiscal position of the government, which declined in the run-up to the 2010 elections.

Economic Quarterly Report

Twin deficit, dubbel probleem? (Dutch)

De afgelopen jaren is het aantal landen met een twin deficit –een tekort op de begroting en op de lopende rekening van de betalingsbalans– aanzienlijk toegenomen. Een twin deficit is een waardevolle indicator voor problemen.

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

Panama (Country report)

Benefiting from the expansion of the Panama Canal and a series of large-scale public investment projects, the Panamanian economy emerged from the global economic crisis as the bestperforming Central American economy, posting 7.5% economic growth in 2010.

Country Report

Colombia (Country report)

The security situation in Colombia has improved recently on the back of military successes against guerrillas and drug gangs, but the activities of the latter two groups continue to have a sizeable social cost.

Economic Quarterly Report

Brazilië: IMF en Kapitaalcontroles (Dutch)

Onlangs pleitte het IMF ervoor om onder bepaalde omstandigheden kapitaalrestricties in te voeren. In dit artikel leggen we aan de hand van de casus Brazilië uit waarom gerichte kapitaalcontroles soms nuttig kunnen zijn.

Country Report

Mexico (Country report)

The Mexican economy recovered strongly from the global economic crisis, posting 5.5% real economic growth last year. Benefitting from Mexico’s strong trade linkages with the US, exports initially drove the recovery, while domestic demand remained relatively tempered due to sluggish real wage growth, lower remittances from the US and remaining spare capacity.