RaboResearch - Economisch Onderzoek

Economisch Kwartaalbericht Engelstalige versie

Blik op de wereld: ruimte voor sterker groeiherstel

Recente data ondersteunen onze verwachting van een mondiale economische groei van 3% in 2015. Er zijn zelfs ingrediënten aanwezig voor een sterker groeiherstel, maar onzekerheid rondom Griekenland en Oekraïne werpen een schaduw over de vooruitzichten.

Conjunctuurbeeld

Germany: growth continues (Engelstalig)

We expect that German economic growth accelerates in 2015 on the back of increasing private consumption growth. Falling inflation combined with high nominal pay rises will lead to a further rise in disposable income.

Landenrapport

Country Report Malaysia (Engelstalig)

Growth in Malaysia is expected to slow slightly in the coming years. Lower oil prices will hurt government income in 2015. As the political career of opposition leader Anwar Ibrahim has ended, the opposition coalition has been weakened.

Conjunctuurbeeld

Belgium: slow economic growth continues (Engelstalig)

We expect the Belgian economy to grow by around 1¼% in 2015, supported by household consumption and exports. There will be further economic growth (1½%) in 2016, driven by the global economy and investment, but consumption growth will then slow down.

Special

Oil: the Good, the Bad and the Ugly (Engelstalig)

The recent plunge in oil prices will be a net plus for the global economy. The pain will be felt by major oil producers and for some this may cause serious problems. However, we still expect the global economy to gain more than the losers will lose.

Conjunctuurbeeld

Spain: solid GDP growth on the back of domestic recovery (Engelstalig)

Rabobank expects the Spanish economy to grow around 2¼% in 2015. This growth is primarily driven by private consumption but public consumption and investment will also contribute positively. Net exports are expected to contribute negatively to GDP as import growth remains strong on the back of domestic demand.

Landenrapport

Country report Singapore (Engelstalig)

Strong institutions and policymaking support (potential) GDP growth, while the country’s small size and ageing pose challenges. Healthy balance sheets and a solid international creditor position reduce Singapore’s susceptibility to (global) shocks.

Landenrapport

Country Report India (Engelstalig)

India is experiencing an upward momentum. Growth is accelerating and the government is incrementally implementing needed reforms, inflation is easing and the current account deficit has narrowed.