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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 ...
The Finnish economy is returning to growth
(23.06.2016)
Bank of Finland. Bulletin 3/2016
Bank of Finland. Bulletin 3/2016
The Finnish economy is returning to growth. Economic data have strengthened, and leading indicators suggest growth continuing through the forecast years. However, this growth is entirely dependent on domestic demand, and ...
Growth overshadowed by hard-to-quantify risks
(12.10.2016)
Bank of Finland. Bulletin 4/2016
Bank of Finland. Bulletin 4/2016
Euro area monetary policy has been eased significantly in recent years. The most important of the measures applied are the expanded asset purchase programme (EAPP), targeted longer-term refinancing operations and the ...
Euro area growth dependent on domestic demand
(21.03.2016)
Bank of Finland. Bulletin 1/2016
Bank of Finland. Bulletin 1/2016
The Governing Council of the ECB decided on an expanded asset purchase programme (EAPP) in January 2015. Purchases have thus far been conducted to a total value of almost EUR 780 billion. At its monetary policy meeting in ...
Difficulties in emerging economies weigh on global growth
(13.04.2016)
Bank of Finland. Bulletin 1/2016
Bank of Finland. Bulletin 1/2016
The Bank of Finland forecasts a global growth rate of 2.8% in 2016, rising only slightly to 3.2% in 2017–2018. The growth pick-up reflects a recovery of the emerging economies suffering from the recession. World trade ...