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War’s price tag for Russia will be high
(18.10.2022)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
Russia’s war in Ukraine is, above all, a massive human tragedy and an assault on Ukraine’s economy and society. But Russia, too, will end up paying a high price for its cruel decision to wage war. The war’s price tag for ...
Why did initial estimates get Russian economic performance so wrong?
(20.12.2023)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
Back in March 2022, it looked like a full-blown financial crisis was in the making in Russia. Due to unprecedented economic sanctions, the ruble was in freefall, the Russian stock market had crashed and households were ...