RaboResearch - Economisch Onderzoek

Landenrapport

Country Report Thailand (Engelstalig)

Thailand’s economy grew robustly last year, but concerns about asset bubbles are emerging. Thanks to prime minister Shinawatra’s cautious policies regarding the return of her exiled brother Thaksin, social tensions calmed down, but remain present.

Landenrapport

Country Report Indonesia (Engelstalig)

Indonesia has outperformed most countries in the World throughout the crisis on the back of domestic demand. In order to maintain that growth level, and not be faced with increasing inflation, the country will need to seek structural improvements.

Economisch commentaar

Stagnatie zakelijke kredietverlening

Sinds medio 2012 is de zakelijke kredietverlening amper nog toegenomen. De kredietvraag zal ook de komende tijd niet snel stijgen, gegeven de magere economische vooruitzichten. In hoeverre aanbodsrestricties een rol spelen, blijft dan de vraag.

Economisch commentaar

Obsessie met de 3%-tekortnorm

De Europese Commissie stelt in haar jaarlijkse beleidsadvies Nederland voor een grote uitdaging: niet alleen op korte termijn weer flink bezuinigingen, ook moeten nog meer structurele hervormingen worden doorgevoerd. Hoe verstandig is dit?

Landenrapport

Country Report Macedonia (Engelstalig)

Macedonia’s economic and political situation looks challenging, as the country’s economy contracted last year and the passage of this year’s budget resulted in a major political crisis. Meanwhile, EU membership remains a distant prospect.

Economisch commentaar

Europa naar andere beleidskoers

De Europese Commissie lijkt de beleidsfocus van de lidstaten te willen verschuiven van bezuinigingen en lastenverzwaringen naar structurele hervormingen. Hoewel economisch verstandig, is het de vraag of deze hervormingen kunnen worden afgedwongen.

Landenrapport

Country Report Israel (Engelstalig)

Economic growth in Israel is expected to slow in 2013 but pick up in 2014 as gas output increases. The new government has an opportunity to push through reforms. Tensions with Syria and Iran will continue in the forecast period.

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Country Report Norway (Engelstalig)

While rising house prices and low interest rates have boosted growth, they have also led to increasing housing market risks amid high household indebtedness. That said, the strong fiscal position mitigates the risks to financial stability.

Landenrapport

Country Report Denmark (Engelstalig)

Growth is hampered by weak external demand and private sector deleveraging. Although the banking sector has come a long way in addressing its weaknesses, challenges remain. Danish public finances are healthy.

Landenrapport

Country Report Sweden (Engelstalig)

While weak external demand hampers growth, the country has ample space to stimulate domestic demand through expansionary policy. The strong fiscal position also mitigates the downside risks stemming from the private sector.

Landenrapport

Country Report Belgium (Engelstalig)

Weaker growth prospects and political hurdles challenge the government’s commitment to fiscal austerity and the implementation of unpopular, yet necessary, reforms. That said, the country’s underlying economic fundamentals remain strong.

Landenrapport

Country Report Austria (Engelstalig)

Economic growth slowed down in 2012 and the outlook remains weak for 2013. The fiscal position is relatively strong, but the government has large contingent liabilities due to rising non-performing loans of Austrian banks in the CEE-countries.

Landenrapport

Country Report Australia (Engelstalig)

The economy performs well thanks to its strong trade links with China, but with growth being narrowly driven by the mining business. The currency is very strong, which erodes price competitiveness of non-commodity exports.

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Country Report Germany (Engelstalig)

Economic growth slowed down in 2012. Going forward, activity is expected to pick up only slowly in 2013. Long-run growth prospects remain weak, caused by the aging population and subdued labour productivity growth in the services sector.

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Country Report New Zealand (Engelstalig)

Economic growth slowed down in 2012. Going forward, activity is expected to pick up only slowly in 2013. Long-run growth prospects remain weak, caused by the aging population and subdued labour productivity growth in the services sector.