RaboResearch - Economisch Onderzoek


Gelukkig hebben we de Europese Centrale Bank

Begin deze week heeft de Europese Centrale Bank (ECB)met kracht gehandeld. De inkt van het steunpakket voor Griekenland was namelijk nog niet droog of de focus van de financiële markten was alweer naar Italië en Spanje verschoven.


Verdeeld gaan we ten onder

Mijn verbazing over de Europese politiek kon niet meer tot grotere hoogte worden opgedreven. Dat dacht ik ten minste. De Finnen hebben bij de Grieken garanties bedongen voor hun aandeel in het tweede Europese reddingspakket.


Country Report Ghana (Engelstalig)

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


Can eurobonds solve EMU's problems (Engelstalig)

Since the eruption of the Greek budget problems in 2009, the euro is lurching from crisis to crisis. European policy makers are struggling to find a solution for what in the press is nicknamed “the European debt crisis”.


Cyprus (Country report) (Engelstalig)

Cyprus looks well on its way of becoming the fourth euro zone country that needs a rescue package. The destruction of a large power plant in July has resulted in an energy crisis with a severe impact on economic growth and the government budget.


Mongolia (Country report) (Engelstalig)

Mongolia’s economy is recovering on the back of strong international demand for its commodity exports. Growth recovered to 6.1% in 2010 and will remain strong in the coming years. Structurally, Mongolia’s economy is weak.


Oman (Country report) (Engelstalig)

The country’s and the sovereign’s solvency is comfortably assured by at least a decade of (often substantial) current account and fiscal budget surpluses, although the value of external assets are not provided. We consider official and hidden reserves to be sufficient to cover for unlikely current account deficits. They are also large enough to defend the fixed exchange rate to the USD.


Bosnia and Herzegovina (Country report) (Engelstalig)

After the devastating war in the early ‘90s, Bosnia and Herzegovina (BH) has managed to get itself back on track economically, although many problems remain. Structural unemployment, a big current account deficit, a lack of well-enforced property rights and an bureaucratic and complex fiscal system are just a few of the problems that need solving.


Libya (Country update) (Engelstalig)

Last February, protests against the Libyan leader Muammar Qaddafi spiralled into a civil war between Qaddafi’s security forces and supporters of the interim Transitional National Council (TNC) that seek to topple Qaddafi’s regime, as well as NATO forces siding with the TNC. The conflict has killed thousands and has crippled the Libyan economy.


Always look on the bright side of life!

Nu politici worstelen met staatsschuldencrises in het Westen, het economisch herstel na de crisis vertraagt en het vertrouwen van zowel consumenten als producenten in de economische ontwikkelingen wegzakt, wordt het tijd voor wat relativering van het economisch nieuws.