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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 ...
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 ...
Chinese GDP in Wonderland
(25.05.2021)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
The real-world nature of China’s official gross domestic product reporting has been dubious for years. Suspicions grew when the realised figures as reported remarkably matched up with the publicly announced GDP growth ...
China’s GDP growth just keeps on hitting the official target
(11.02.2019)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
China announced in January that its real economic growth slowed to 6.4 percent year-over-year in the fourth quarter of 2018. For the full year 2018, the economy expanded by 6.6 percent. It was the weakest pace since 1990, ...
India climbs the welfare ladder
(23.01.2019)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
India’s on a roll. Agreed, there are the usual complaints from its detractors about rampant corruption, slow progress in structural reforms, red tape and a lack of fiscal discipline, but it’s hard to argue with India’s ...