RaboResearch - Economisch Onderzoek

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Landenrapport

United States of America (Country report) (Engelstalig)

The US economic recovery is expected to continue this and next year, but is very dependent on continued fiscal and monetary stimulus. As a result of the further fiscal stimulus, the budget deficit is set to increase this year relative to 2010.

Landenrapport

Portugal (Country report) (Engelstalig)

The Portuguese economy is heading back to recession. After the fall of the government and with serious upward revisions to the public deficit and debt numbers, financial markets lost further confidence, pushing up the interest rate on government bonds to unsustainable levels.

Landenrapport

Italy (Country report) (Engelstalig)

The Italian economy has many structural weaknesses, leading to low economic growth before recession and now to a very sluggish recovery. The government deficit is estimated to have been better than expected in 2010, and compares favourably to a number of other European countries.

Landenrapport

Mexico (Country report) (Engelstalig)

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.

Landenrapport

Austria (Country report) (Engelstalig)

Overall, the difficulties that the government could face from an outright crisis in the CEE countries have abated. And the confirmation of the AAA status of the sovereign by the rating agencies on the back of a relatively strong fiscal position will give the government enough room to support the banks should the need arise.

Landenrapport

Poland (Country update) (Engelstalig)

The general trend in Poland is continuation. Economic growth was solid at almost 4% in 2010 and is expected to stay at this level this year. The key factor will be whether investment will kick in again.

Landenrapport

Turkey (Country report) (Engelstalig)

The sudden contraction of the economy in 2009 was followed by a rapid recovery in 2010. Although the economy of Turkey is known for its flexibility, the risk of overheating has moved to the forefront.