RaboResearch - Economic Research

Column

Welvaart is complex, houd het simpel (Dutch)

De discussie over een alternatief voor het Bruto Binnenlands Product als indicator voor het meten van welvaart is in volle gang. Welvaart is inderdaad een lastig begrip. Daarom is het raadzaam een alternatief welvaartsbegrip simpel te houden.

Economic Comment

Zwakke groei Nederlandse economie in derde kwartaal 2015 (Dutch)

De Nederlandse economie is in het derde kwartaal van 2015 met 0,1% gegroeid ten opzichte van het kwartaal ervoor. De productie van de maakindustrie, de bouwnijverheid en de horeca is gedaald. De zakelijke dienstverlening stijgt al tien kwartalen op rij.

Column

2015: terugkijken op vooruitkijken (Dutch)

2015. Een jaar waarin jaren geleden veel naar vooruit is gekeken. Zo speelde de film Back To The Future II in 2015. De scenariostudie van het CPB uit 1992 had als eindpunt ook 2015. Maar staan we nu eind 2015 waar we destijds dachten te staan?

Economic Report

The eurozone crisis - where are we right now?

The peripheral countries are at very different stages of economic recovery and rebalancing. Growth has returned and private and public balances have improved. Unemployment and public debt levels remain high, whilst part of the rebalancing may just be cyclical.

Economic Comment

Eurozone (debt) crisis: Country Profile Ireland

The build-up of large private sector imbalances related to a housing boom and the financial sector were the prime cause of the crisis. Ireland has successfully reformed its banking sector and economic performance is strong, but challenges remain.

Economic Comment

Eurozone (debt) crisis: Country Profile Greece

Weak private and public finances prior to the crisis are to blame for the severity of the recession and the public debt crisis. Harsh measures triggered a process of sharp economic contraction. The outlook remains bleak and unemployment and debt sky-high.

Economic Comment

Eurozone (debt) crisis: Country Profile Portugal

Both high private and public sector debt prior to the crisis are to blame for the country’s deep recession and public debt crisis. It remains to be seen whether Portugal’s low growth problem has been addressed, with unemployment and indebtedness still very high.

Economic Comment

Eurozone (debt) crisis: Country Profile Spain

In Spain, the build-up of large private sector imbalances related to a housing boom was the prime cause of the crisis. Spain has rather successfully reformed its banks and economy, but the crisis leaves scars in the form of high unemployment and public debt.

Economic Comment

Eurozone (debt) crisis: Country Profile Italy

Public sector debt was already very high and economic growth very weak in the years prior to the crisis. Private sector debt was and still is relatively low. Despite recent structural reforms, the economic outlook remains rather weak and unemployment and public debt high.