Blogs

The real-world nature of China’s official gross domestic product reporting has been dubious for years. Although China has long engaged in the practice of setting economic growth targets, it was only in 2012 that hitting a specific number began to be carefully tracked.

Finnish exports to the USSR fell abruptly from 2.4 to 0.8 per cent of GDP in winter 1991. Could this trade collapse be the main culprit for the Finnish Great Depression in 1990s?

As a result of digitalisation, the number of different companies providing consumer credit and corporate finance services in Finland has increased. This has aroused concerns about increasing indebtedness among households and companies.

The goal of the Bank of Finland’s climate work is to spread knowledge and debate around sustainable finance and to enhance expertise in this area.

On 24 November, Bank of Finland hosted a webinar focusing on monetary policy challenges both in the euro area and in the United States.

In the short term, the main uncertainty is how fast India recovers from the pandemic.

China was at the forefront of the COVID-19 crisis. As a consequence, the value of Chinese exports plummeted by 13% year-on-year at the first quarter of 2020.

For already 17 years, the Bank of Finland has invited the simulator community to a two-day seminar in Helsinki in late summer.

China has become one of Russia’s main trading partners over the past ten years, leading to a significant diversification of Russia’s oil and gas export markets.

The European Commission, on Wednesday, published its proposal for a European recovery fund to help restart the economic engines in a Europe shaken by the coronavirus.

China has had huge difficulties to come even close to fulfilling its import commitments, which were consider to be hard to meet even before the coronavirus crisis.

Russia imposed strict lockdown measures similar to many countries, resulting in sharp reductions in demand and production.

COVID-19 spreads in India.

After a sharp decline in January and even sharper decline in February, the Chinese economy started to recover in March.

Consider the task of lending to countries that are in severe payment difficulties, possibly involving significant danger of default.

AI and massive data technologies are being deployed in all different stages of business ranging from risk management to portfolio optimization.

A key question in sustainable finance is finding ways for reorienting investments more rapidly and effectively, but at the same time in a balanced manner, towards supporting emission reduction targets.

Assessing the risks and costs arising from climate change – its effects, mitigation and, in the worst case, failure to mitigate – presents a major challenge for financial sector participants.

The Bank of Finland organized an international research conference to discuss two key topics in particular: the challenges of monetary policy and the future of European Monetary Union.

The Bank of Finland’s revamped annual report was published in April for the first time as a website.