RaboResearch - Economic Research

Economic Comment

Separatisten winnen verkiezingen Catalonië (Dutch)

De separatisten hebben de Catalaanse verkiezingen gewonnen. Het is echter onwaarschijnlijk dat Catalonië eenzijdig de onafhankelijkheid uit zal roepen. Vermoedelijk kan Catalonië na de nationale verkiezingen van 20 december op meer autonomie rekenen.

Special Dutch version

Latin America: locked up in the middle-income trap?

Latin American countries not appear to be breaking out of the middle-income trap. Productivity growth has been disappointingly low in recent decades. There are several big structural issues, such as severe human capital and infrastructure constraints.

Special Dutch version

Latin America: agricultural perspectives

Latin America is an agricultural powerhouse and is likely to remain so given significant resources of unexploited land. The region has achieved respectable productivity growth in the past and it is important to sustain such gains in the future.

Column

De spannende weg naar de sprookjeswereld (Dutch)

De Sustainable Development Goals van de VN zijn een hernieuwde poging om de politiek te bewegen de wereld langer houdbaar te maken. Ze zorgen ervoor dat de Westerse wereld niet alleen moeten ondertekenen, maar ook actief zélf moeten bijdragen.

Country Report

Chile: economic reality holds back reforms

Despite low copper prices, growth picks up modestly on the back of government stimulus and external rebalancing, but risks remain tilted to the downside. Economic reality and Bachelet’s low popular approval rates hold back reform ambitions.

Economic Comment

Brazil is back to junk

Brazil lost its investment grade with S&P on 9 September. The downgrade underlines Brazil’s enormous fiscal challenges. Political headwinds could further darken the fiscal and economic outlook.

Country Report

Brazil: headwinds intensify

Brazil is experiencing the strongest contraction in the last two decades on the back of an unfavourable environment, a frontloaded adjustment of economic policy and prevailing negative sentiment. Increasing political tensions complicate the situation.