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From Finnish Great Depression to Great Recession
(12.05.2014)
Bank of Finland. Bulletin 3
Bank of Finland. Bulletin 3
The Finnish economy has experienced three major recessions over the last 25 years, all very different in nature. The turn of the century witnessed the bursting of the dot-com bubble in the ‘Nokia economy’. The country was ...
Is recovery a myth?
(12.10.2016)
Bank of Finland. Bulletin 4/2016
Bank of Finland. Bulletin 4/2016
Deep recessions have typically led to a permanent step down to a lower growth trajectory. However, since the financial crisis of 2008, the growth rate itself has also been exceptionally slow, due to weak growth in total ...
Bank of Finland Bulletin : Bank of Finland articles on the economy 1/2022
(13.05.2022)
Bank of Finland. Bulletin 1/2022
Bank of Finland. Bulletin 1/2022
Accessible summary : Now is the time to deploy the rainy day buffers
(20.05.2020)
Bank of Finland. Bulletin 2/2020
Bank of Finland. Bulletin 2/2020
The corona crisis has impacted negatively on the Finnish economy and on the country’s banks and their customers in a number of ways. The banks now need to deploy the financial buffers they have been accumulating since the ...
Finland’s long-term growth prospects moderate
(06.07.2018)
Bank of Finland. Bulletin 3/2018
Bank of Finland. Bulletin 3/2018
The protraction of the recession following the financial crisis weakened Finland's growth potential, while population ageing and the accumulation of public debt continue to weigh on growth prospects. In spite of the economy's ...