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Can large trade shocks cause crises? The case of the Finnish-Soviet trade collapse
(05.05.2021)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
What are the economic causes and consequences of large trade disruptions? Are they able to unleash a full-scale economic crisis? In recent years, the news has been full of events such as the US-China trade war, Brexit and ...
Bank of Finland forecast: Slowing growth in the shadow of global uncertainties
(03.07.2019)
Bank of Finland. Bulletin 3/2019
Bank of Finland. Bulletin 3/2019
Finland’s economic growth will slow in the forecast period to close to its potential rate. GDP will grow 1.6% in 2019 and 1.5% in 2020. Thereafter, the pace of growth will ease to 1.3% in 2021.
Growth continues, outlook more moderate
(18.10.2018)
Bank of Finland. Bulletin 4/2018
Bank of Finland. Bulletin 4/2018
The outlook for global economic growth has moderated from the spring. Growth in international trade has decelerated. Confidence in the economic outlook remains fairly strong, but trade tensions, in particular, are a downside ...
Alternative scenarios linked to the global impact of US fiscal and trade policies
(03.04.2019)
Bank of Finland. Bulletin 1/2019
Bank of Finland. Bulletin 1/2019
US economic policy has recently been marked by procyclical fiscal stimulus and a gradual but decisive shift towards protectionism. Concerns have been raised over the global ramifications of such policies coming to a head. ...
Summary in simple : Slower economic growth worldwide
(03.04.2019)
Bank of Finland. Bulletin 1/2019
Bank of Finland. Bulletin 1/2019
Last year, the output volumes of goods and services grew more slowly than before. According to the most recent economic forecasts, global economic growth will dampen further this year. One of the reasons for this is the ...
Forecast assumptions : International economy and external assumptions
(06.07.2018)
Bank of Finland. Bulletin 3/2018
Bank of Finland. Bulletin 3/2018
The global economy is still growing strongly, but there are already small signs that the growth rate is levelling off. Growth is still sustained by the effects of the accommodative fiscal policy in the United States and ...
Trade policy tensions casting shadow on economic horizon
(18.10.2018)
Bank of Finland. Bulletin 4/2018
Bank of Finland. Bulletin 4/2018
The trade policy of the United States has in the last year become increasingly protectionist, aiming to change the terms of international trade. However, protectionist measures may have unexpected and long-term repercussions ...
Finland struggling to defend its market share on rapidly expanding markets
(29.06.2017)
Bank of Finland. Bulletin 3/2017
Bank of Finland. Bulletin 3/2017
The global market share of Finnish exports has been declining continuously ever since the financial crisis. While Finland’s export markets expanded by 17% in the years 2008–2015, Finnish exports contracted by 12% over the ...