RaboResearch - Economisch Onderzoek

Landenrapport

Country Report Portugal (Engelstalig)

Portugal has made considerable progress regarding the implementation of structural reforms and safeguarding financial stability. However, the high short-term socioeconomic costs have increased political instability, which might weigh on support for further reforms.

Landenrapport

Country Report Spain (Engelstalig)

The short term pain of the macroeconomic rebalancing process is clearly weighing on the political support to continue with necessary reforms. Without a more vigorous cleanup of the banking sector, it will remain a large drag on the recovery going forward.

Landenrapport

Country Report Italy (Engelstalig)

Italy has to deal with a severe crisis and large public debt stock. Non-performing loans in the banking sector are on the rise, while government bond yields are vulnerable to political instability. Given large debt dynamics, Italy should improve its potential growth rate to ensure debt sustainability.

Landenrapport

Country Report Slovenia (Engelstalig)

Slovenia has taken further steps to tackle its banking crisis, but progress has been delayed by an extensive asset quality review that is yet to reveal the true scale of the problem. Depending on the outcome, an EU-led bailout may be needed soon.

Landenrapport

Country Report Indonesia (Engelstalig)

The third free presidential elections in Indonesia’s history (1H2014) will bring a new president into office, as Yudhoyono is barred from participating after completing two terms. There is no clear favorite, increasing policy uncertainty. Also, the external position is weakening.

Landenrapport

Country Report Taiwan (Engelstalig)

Due to a weak external environment, Taiwan’s economy has been performing weakly, but a slight growth acceleration is expected. Political infighting in the ruling KMT party has weakened the president’s position and will hamper policy implementation.