Landenrapport
Ethiopia continues to record robust growth. However, the state-led development model is con-straining the private sector and has resulted, from time to time, in macroeconomic imbalances, and therefore seems unsustainable in the long term.
Landenrapport
After a rebasing exercise, Nigeria became the largest economy of Africa. However, this does not reduce Nigeria’s large structural issues, and instability and violence could worsen ahead of elections in 2015.
Landenrapport
A generous financial lifeline from the GCC countries kept the Egyptian economy afloat in 2013 and will do so again in 2014. However, persistent polarisation of the Egyptian society makes the country’s future highly uncertain.
Landenrapport
After a highly difficult 2013, in which domestic and global developments exposed South Africa’s vulnerabilities, ANC’s victory in May’s elections should improve policy and economic perspectives.
Landenrapport
The economy of Luxembourg took a positive turn in 2013 and the already strong fiscal position improved. However, in the longer term, the country needs to deal with challenges such as legislative harmonisation at the EU level and rising ageing costs.
Landenrapport
Stronger economic growth and improved fiscal balances place Malta in a better position than a year ago, but challenges, such as the structurally high public debt, remain.
Landenrapport
Bright prospects for the energy sector in Tanzania bode well for the already robust economic growth and gave the country access to international debt markets in 2013.
Landenrapport
In 2013, Bulgaria was plagued by social unrest related to discontent with the high level of corruption amongst politicians. However, the economy benefitted from stronger external demand.
Landenrapport
Kazakhstan had a less fortunate economic year in 2013, as weak exports led to a twin deficit and economic growth, though picking up, was driven by unsustainable consumer borrowing.
Landenrapport
In 2013, temporary aid suspensions had significant economic repercussions for Rwanda. On the positive side, this triggered Rwanda to search for ways to reduce its aid dependency.
Conjunctuurbeeld
In this Economic Update we take a closer look at the impact of the gradual slowing down of the rate of asset purchases by the US Federal Reserve (Fed) on the emerging markets.
Landenrapport
In 2012, the economic performance of Cameroon improved on the back of the oil sector, while the political risks persisted, despite milestones having been achieved.
Landenrapport
The ouster of president Morsi placed Egypt on a new political transition trajectory – unfortunately, not a more democratic one. Generous assistance from the GCC countries gives Egypt financial breathing space, but economic perspectives remain bleak due to unaddressed structural problems.
Landenrapport
Zambia’s reliance on copper exports takes its toll on its external positions, while populist measures and political tensions could make matters worse.
Landenrapport
Mozambique’s nascent coal and gas sector support brisk economic growth, but the benefits do not trickle down and institutions remain weak.
