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Only very subdued growth in sight
(12.11.2019)
Bank of Finland. Bulletin 4/2019
Bank of Finland. Bulletin 4/2019
The global economic cycle entered a phase of slower growth in early 2018. At the same time, the United States began to step up its protectionist measures. By September 2019, it had already imposed substantial additional ...
The trade war has significantly weakened the global economy
(12.11.2019)
Bank of Finland. Bulletin 4/2019
Bank of Finland. Bulletin 4/2019
According to a model-based assessment by the Bank of Finland, tariff increases currently in place will slow global GDP growth by around 0.7 of a percentage point. The trade dispute has already diminished trade flows between ...
Accessible summary: Only very subdued growth in sight
(12.11.2019)
Bank of Finland. Bulletin 4/2019
Bank of Finland. Bulletin 4/2019
Global economic growth has slowed substantially in the current year. One cause has been the trade war between the United States and China, which has escalated further since the spring. Now both countries have already imposed ...