RaboResearch - Economisch Onderzoek

Themabericht

Ook private schuldafbouw periferie noodzaak

De zorgelijke overheidsfinanciën van een aantal eurozonelanden zijn een bron van onrust voor financiële markten en beleidsmakers. Maar ook de private sector in deze landen heeft het afgelopen decennium een onhoudbaar hoge netto financiële verplichting opgebouwd.

Column

Osama, Obama en waardige Finnen?

Met de bekendmaking door de Amerikaanse president Obama van de dood van ’s werelds meest gezochte terrorist, Osama Bin Laden, ontstak Amerika in een vreugdestemming die ook de financiële markten (even) niet onberoerd liet.

Landenrapport

India (Country report) (Engelstalig)

India is showing very robust economic growth, after a mild slowdown during the global financial crisis. The economy is estimated to have expanded by 9.1% yoy in 2010 and grow by 9.0% yoy in 2011. The largest country risks are found in the political and social situation.

Landenrapport

Russia (Country update) (Engelstalig)

Russia’s economic recovery from the global financial and economic crisis has been disappointing. Real GDP growth amounted to a slightly lower than expected 4% last year. In spite of recent high oil prices, growth actually slowed in the first quarter of this year.

Landenrapport

Croatia (Country report) (Engelstalig)

The Croatian economy is slowly recovering from the global crisis that hit the economy in 2009. The crisis further worsened the country’s twin deficits and external debt increased to 101% of GDP (2010). Moreover, unemployment rose from 15.1% in 2007, to 17.6% in 2010.

Landenrapport

China (Country update) (Engelstalig)

China’s economy continues to perform strongly in spite of numerous rounds of monetary tightening, with year-on-year (yoy) real GDP growth remaining steady at 9.8% and 9.7% in the last two quarters. Inflation remains stubbornly high at around 5% yoy in each of the past three months.

Landenrapport

Angola (Country update) (Engelstalig)

Angola’s oil-based economy stands to benefit from the recent increase in oil prices. Oil exports account for 96% of total exports and generate 90% of all tax income. Higher oil prices will thus help Angola to recover from the global crisis that hit the country in 2008 and 2009. Consequently, we expect GDP growth to reach 7.9% in 2011 (from 1.7% in 2010).

Special

Triple P monitor Montfoort-Oudewater

In opdracht van de Rabobanken Montfoort-Oudewater en Lopikerwaard is de duurzaamheid van het gebied De Utrechtse Waarden met behulp van onze Triple P-monitor in kaart gebracht.

Themabericht

Zonder Bulgaren en Roemenen geen beschuit

Minister Kamp van Sociale Zaken en Werkgelegenheid is recent met plannen gekomen om de migratie uit Bulgarije en Roemenië aan banden te leggen. Verdringen de arbeiders uit de MOE-landen de Nederlandse werknemers of hebben de tuinders dit personeel hard nodig om de oogst binnen te halen?

Landenrapport

United Arab Emirates (Country report) (Engelstalig)

The UAE escaped the turmoil that hit the Arab world over the past months, as the social and economic causes of the unrest hardly applied to the emirates. There is no suppressed frustration like in Saudi Arabia. Rich, powerful and conservative Abu Dhabi dominates the federation, with modern and market-minded but indebted Dubai playing second fiddle.

Landenrapport

Vietnam (Country report) (Engelstalig)

Vietnam’s pro-growth policies will result in economic growth of around 6% year on year (yoy) in 2011, but at the expense of macro-economic stability. External imbalances are very high, as the current account posts large deficits and the country’s liquidity position is in a dismal state.

Landenrapport

Singapore (Country report) (Engelstalig)

Singapore has very healthy public finances, strong net-creditor position, solid economic fundamentals, and a stable political environment. Having said that, the large size of the country’s banking sector combined with a huge dependence on global demand makes Singapore’s economy particularly vulnerable to external shocks.

Landenrapport

South Africa (Country report) (Engelstalig)

South Africa’s economy recovered, after a year-long recession in 2009. In 2010, the economy grew by 2.8%. Growth was largely demand driven, with an increase in both external and domestic demand fuelling growth in, among others, the manufacturing sector.