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Bank of Finland Bulletin: Bank of Finland articles on the economy 5/2019
(17.12.2019)
Bank of Finland. Bulletin 5/2019
Bank of Finland. Bulletin 5/2019
Editorial: Finland’s economic transition still incomplete 3
Finland’s economic boom over 7
Alternative scenario: Recovery in global economy delayed 36
Assessment of public finances 2019 42
Investment weakened by ...
Sustainability gap larger than previously projected
(17.01.2020)
Bank of Finland. Bulletin 5/2019
Bank of Finland. Bulletin 5/2019
According to the Bank of Finland’s estimate, the sustainability gap in Finland’s general government finances is 4.7% relative to GDP. The estimate is a ‘pressure projection’ that quantifies the fiscal adjustment that ...
Bank of Finland forecast: Slowing growth in the shadow of global uncertainties
(03.07.2019)
Bank of Finland. Bulletin 3/2019
Bank of Finland. Bulletin 3/2019
Finland’s economic growth will slow in the forecast period to close to its potential rate. GDP will grow 1.6% in 2019 and 1.5% in 2020. Thereafter, the pace of growth will ease to 1.3% in 2021.
Assessment of public finances 2019
(17.01.2020)
Bank of Finland. Bulletin 5/2019
Bank of Finland. Bulletin 5/2019
Sound fiscal policy should be conducted keeping in mind the economy’s long-term challenges. Finland's population structure is becoming increasingly unfavourable on account of its declining working-age population and growing ...
Editorial : Finland’s economic transition still incomplete
(17.12.2019)
Bank of Finland. Bulletin 5/2019
Bank of Finland. Bulletin 5/2019
The Finnish economy is still going through a period of transition in which it has to adjust to two large structural realignments. One of these concerns the ageing population. The other comprises the shocks to the economy ...
Assessment of public finances 2020 : Attention should already be turned to the post-crisis years
(12.01.2021)
Bank of Finland. Bulletin 6/2020
Bank of Finland. Bulletin 6/2020
During the acute phase of the COVID-19 pandemic, fiscal policy has been deployed to support households and businesses hit by the crisis. At the same time, fiscal stimulus has been stepped up to bolster economic recovery. ...
Public finances carried households and businesses through the COVID-19 crisis
(24.06.2021)
Bank of Finland. Bulletin 3/2021
Bank of Finland. Bulletin 3/2021
A large number of firms fell into distress due to the COVID-19 pandemic and many households have been significantly affected by furloughs and lay-offs. However, the non-financial corporations sector improved its overall ...
Ambitious objectives needed for structural reforms and cost-competitiveness
(10.06.2015)
Bank of Finland. Bulletin 3/2015
Bank of Finland. Bulletin 3/2015
The Bank of Finland has emphasised that the problems of the Finnish economy are not primarily cyclical, but largely of a longer-term, structural nature. In addition to the weakness of the global economy, activity has been ...
Measures to strengthen the economy still needed
(29.06.2017)
Bank of Finland. Bulletin 3/2017
Bank of Finland. Bulletin 3/2017
Economic growth in Finland has accelerated following several years of weak performance, and growth is forecast to continue. Even so, the economy is still in a vulnerable condition. The industrial base has narrowed, the ...
Editorial : Monetary policy remains accommodative, net asset purchases about to end
(06.07.2018)
Bank of Finland. Bulletin 3/2018
Bank of Finland. Bulletin 3/2018
Monetary policy has remained decidedly accommodative in the euro area, all throughout the different phases of the global financial crisis, sovereign debt crisis and the once-looming threat of deflation. To begin with, key ...