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Assessment of public finances 2017 : Overall positive sentiment will not resolve structural problems in public finances
(18.12.2017)
Bank of Finland. Bulletin 5/2017
Bank of Finland. Bulletin 5/2017
Finland’s rapid economic growth in 2017 has notably improved the situation for the public finances. With the cuts in taxes related to the Competitiveness Pact, fiscal policy will ease in 2017 and 2018 and the structural ...
Assessment of public finances 2021 : Time for fiscal policy to refocus on the future
(02.02.2022)
Bank of Finland. Bulletin 5/2021
Bank of Finland. Bulletin 5/2021
Managing the consequences of the COVID-19 pandemic still requires a lot of work, but in many sectors of Finland’s economy the engines are already firing on all cylinders. The elevated structural deficit in the country’s ...
Abenomics: three years – the big ship turns slowly
(13.04.2016)
Bank of Finland. Bulletin 1/2016
Bank of Finland. Bulletin 1/2016
For the past three years or so, Japan has pursued an economic policy named after Prime Minister Abe as abenomics, with the intention of putting the country back on a path of sustainable economic growth via expansionary ...
Assessment of public finances 2019
(17.01.2020)
Bank of Finland. Bulletin 5/2019
Bank of Finland. Bulletin 5/2019
Sound fiscal policy should be conducted keeping in mind the economy’s long-term challenges. Finland's population structure is becoming increasingly unfavourable on account of its declining working-age population and growing ...
Editorial : Finland’s economic transition still incomplete
(17.12.2019)
Bank of Finland. Bulletin 5/2019
Bank of Finland. Bulletin 5/2019
The Finnish economy is still going through a period of transition in which it has to adjust to two large structural realignments. One of these concerns the ageing population. The other comprises the shocks to the economy ...
Accessible summary : Economic uncertainty continues, recovery expected to be uneven
(09.11.2020)
Bank of Finland. Bulletin 5/2020
Bank of Finland. Bulletin 5/2020
The worldwide economic crisis caused by the corona pandemic peaked in March 2020. In the early part of the year both output and consumption contracted suddenly and strongly; in other words, goods and services were both ...
Assessment of public finances 2020 : Attention should already be turned to the post-crisis years
(12.01.2021)
Bank of Finland. Bulletin 6/2020
Bank of Finland. Bulletin 6/2020
During the acute phase of the COVID-19 pandemic, fiscal policy has been deployed to support households and businesses hit by the crisis. At the same time, fiscal stimulus has been stepped up to bolster economic recovery. ...
Scenario based on US economic policy plans
(04.05.2017)
Bank of Finland. Bulletin 1/2017
Bank of Finland. Bulletin 1/2017
The economic policy measures planned by the new US administration are geared towards fuelling growth. The form, magnitude and timing of the measures, nevertheless, are still undecided. Their potential effects are, therefore, ...
Bank of Finland Bulletin: Bank of Finland articles on the economy 1/2019
(03.04.2019)
Bank of Finland. Bulletin 1/2019
Bank of Finland. Bulletin 1/2019
Assessment of public finances 2018 : Now is an opportune time to strengthen fiscal buffers
(10.01.2019)
Bank of Finland. Bulletin 5/2018
Bank of Finland. Bulletin 5/2018
Economic growth has supported the efforts to improve Finland’s general government finances in recent years. However, changes in the composition of public revenue and expenditure are hampering the achievement of a balanced ...