Bank of Finland Bulletin : Economic outlook
(15.12.2012)
Volyymi
20Numero
5Julkaisija
Bank of Finland
2012
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201408074445Tiivistelmä
Preface 3
Bank of Finland forecasts 5
Executive summary 6
Economic outlook 9
Recent developments 9
Box 1. National accounts for the third quarter of 2012 12
Operating environment 13
Non-financial corporations 20
Households 23
Box 2. Precautionary savings push up household savings ratio in a recession 24
GDP and employment 27
Box 3. The link between economic growth and the unemployment rate has
changed 30
Public finances 33
Box 4. Finland's public finances 36
External balance 41
Wage and price trends 42
Risk assessment 45
Box 5. Alternative scenario: increased competition in labour and product markets 48
Changes from the previous forecast 53
Financial stability 55
Fiscal sustainability projections for Finland
Helvi Kinnunen - Petri Mäki-Fränti - Hannu Viertola 75
Finland's competitiveness and its measurement
Lauri Kajanoja 87
Articles and boxes from previous publications 99
Forecast tables T1
Bank of Finland forecasts 5
Executive summary 6
Economic outlook 9
Recent developments 9
Box 1. National accounts for the third quarter of 2012 12
Operating environment 13
Non-financial corporations 20
Households 23
Box 2. Precautionary savings push up household savings ratio in a recession 24
GDP and employment 27
Box 3. The link between economic growth and the unemployment rate has
changed 30
Public finances 33
Box 4. Finland's public finances 36
External balance 41
Wage and price trends 42
Risk assessment 45
Box 5. Alternative scenario: increased competition in labour and product markets 48
Changes from the previous forecast 53
Financial stability 55
Fiscal sustainability projections for Finland
Helvi Kinnunen - Petri Mäki-Fränti - Hannu Viertola 75
Finland's competitiveness and its measurement
Lauri Kajanoja 87
Articles and boxes from previous publications 99
Forecast tables T1
Julkaisuhuomautus
ISSN-L 1797-3775 (print) ISSN 1797-3783 (online)