Haku
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The Chinese yuan : Influence of interest groups examined
(19.05.2017)
BOFIT Policy Brief 6/2017
BOFIT Policy Brief 6/2017
In this paper, we provide an analysis of various interest groups in trying to affect the exchange rate determination and the direction of exchange rate policies in China. Given that the People’s Bank of China is not an ...
In response to external shocks : How advanced Russian regions react to changes in federal policies : Experience of Tatarstan
(21.12.2017)
BOFIT Policy Brief 10/2017
BOFIT Policy Brief 10/2017
Tight budget constraints confronting the Russian authorities since the 2008 crisis urge the federal government to adjust the traditional system of its relations with the regions. The paper presents the case of the Republic ...
Kiinassa talouspolitiikka ei pysy maan muutosten vauhdissa
(07.02.2017)
BOFIT Policy Brief 1/2017
BOFIT Policy Brief 1/2017
Kiinan talouskasvu on muihin maihin verrattuna edelleen nopeaa, vaikka BKT:n kasvu hidastui viime vuonna 6,7 prosenttiin. Kasvun hidastumisen ohella myös talouden rakenteet muuttuvat. Muutokset ja kehitys näkyvät niin ...
Overview of Russia’s oil and gas sector
(18.05.2017)
BOFIT Policy Brief 5/2017
BOFIT Policy Brief 5/2017
This overview is a compilation of ten concise articles that give a general picture of the current situation and prospects of Russia’s oil and gas sector. The articles are independent and together they give a rich overview ...
Chinese production chains rely increasingly on domestic services
(18.04.2017)
BOFIT Policy Brief 4/2017
BOFIT Policy Brief 4/2017
We examine the international fragmentation of production chains in different countries using international input-output tables with a focus on China. We explore the development of main macro-level trends established in the ...
Katsaus Venäjän öljy- ja kaasusektoriin
(23.03.2017)
BOFIT Policy Brief 3/2017
BOFIT Policy Brief 3/2017
Tähän katsaukseen on koottu kymmenen tiivistä artikkelia, jotka antavat yleiskuvan Venäjän öljy- ja kaasusektorin nykytilanteesta ja näkymistä. Artikkelit ovat itsenäisiä ja yhdessä ne antavat monipuolisen kuvan öljy- ja ...
Meeting the challenges of impact measurement
(22.06.2017)
BOFIT Policy Brief 7/2017
BOFIT Policy Brief 7/2017
This paper briefly describes the topical challenge of impact measurement of an organisation, and focuses on my own organisation BOFIT. For me this paper has been the final challenge before retirement. The topic is very ...
Breaking monetary policy rules in Russia
(05.10.2017)
BOFIT Policy Brief 9/2017
BOFIT Policy Brief 9/2017
In this paper we estimate whether monetary policy rules of Bank of Russia have changed during the recent past. Russia has moved towards inflation targeting throughout past years, and this is reflected in our empirical ...
China’s growing role in global production boosted by strong competitiveness – evidence from international input-output tables
(06.03.2017)
BOFIT Policy Brief 2/2017
BOFIT Policy Brief 2/2017
We examine the role of China in world production and its development by utilizing the international input-output tables of the WIOD database that has been recently updated to cover years 2000–2014. We concentrate on the ...
FinTechs in China : with a special focus on peer to peer lending
(02.10.2017)
BOFIT Policy Brief 8/2017
BOFIT Policy Brief 8/2017
This paper studies the development of financial technology companies (FinTechs) in China. We describe the recent development of payment services and P2P lending and analyze empirically the determinants of P2P lending in ...