RaboResearch - Economisch Onderzoek

Landenrapport

Country Profile The Netherlands (Engelstalig)

This booklet provides the reader with relevant background information about Dutch history, demographics and economic structure. Furthermore, an overview is given of the main economic challenges facing the Dutch economy. Taken together, the information offers a bird’s-eye view on the Netherlands.

Landenrapport

Country Report Russia (Engelstalig)

Russia’s oil and gas dependent economy has started to recover slowly from the sharp downturn in 2009, with real GDP growth estimated at 4.2% and 4% in the next two years.

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Taiwan (Country report) (Engelstalig)

The island of Taiwan has a dynamic, capitalist economy which has sharply rebounded from the effects of the global financial crisis. Economic activity will expand by over 9% yoy in 2010, a large improvement from the 1.9% contraction in 2009.

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Maldives (Country report) (Engelstalig)

A structural country risk the Maldives are facing is climate change. If the sea level rises only by a couple of meters, the majority of the Maldives will be submerged. The political situation is very unstable, as the opposition and the ruling party are frequently at loggerheads hindering any progress on reforms.

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Angola (Country report) (Engelstalig)

Angola’s economic performance is almost completely determined by the global demand for oil. In fact, oil related taxes amount to 90% of total taxes. It is therefore not surprising that Angola’s economy took a hit when oil prices dropped dramatically as a result of the global recession

Economisch commentaar

Demystifying the German labour market (Engelstalig)

The astonishing resilience of the German labour market has caught everyone by surprise. But this is mostly due to the government’s short-shift scheme and creative statistics. The question is, therefore, will the labour market deteriorate in 2010?

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Cyprus (Country report) (Engelstalig)

Cyprus has performed relatively well in the face of the global recession. Although it especially suffered from reduced foreign demand, growth is expected to pick up, albeit slowly.

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Ghana (Country update) (Engelstalig)

The large macroeconomic imbalances with which Ghana entered the global financial crisis have narrowed recently. However, there are still sizeable vulnerabilities.

Economisch commentaar

Is the G20 making an undesirable U-turn? (Engelstalig)

The finance ministers of the G20 have called for an end to expansionary fiscal policies in their latest communiqué. This can prove costly while households and firms are still busy repairing their balance sheets and facing massive headwinds.

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Country Report Morocco (Engelstalig)

Morocco’s stable growth and banking sector, despite the global crisis, mark the county’s present relatively sound economic state.

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Morocco (Country report) (Engelstalig)

Morocco’s stable growth and banking sector, despite the global crisis, mark the county’s present relatively sound economic state.

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Country Report The Netherlands (Engelstalig)

The Dutch economy shrank by 4% in 2009, the biggest post-war decline. However, the much stronger than the foreseen upturn in the world trade is the main reason for the economy regaining growth in the second half of 2009.

Landenrapport

Cameroon (Country report) (Engelstalig)

In the past, Cameroon benefited from being a small oil-exporting economy (10% of GDP, but 40% of exports and fiscal revenues in 2008). Oil exploitation created fluctuating trade and budget surpluses and attracted inward foreign investments.

Economisch commentaar

Are markets mispricing sovereign default risk again? (Engelstalig)

Some politicians and market participants are proposing to ban the trading of naked CDSs amid the surge in government bond yields. In our view, therefore, politicians must come up with austerity measures instead of searching for scapegoats.