Blogs

Russia is struggling to find new sources of imports

Russia’s brutal war in Ukraine has affected the Russian economy through various channels. There has been a substantial decline in imports due to the heightened uncertainty and the international sanctions prompted by the war.

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The stagflation beast is stirring: Is it back to the ‘70s?

For previous experiences of stagflation we can turn to the 1970s. There are a number of reasons, however, why 2022 will not be a rerun of 1974.

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Russia’s economy and the war

Russia’s brutal war on Ukraine is bringing unimaginable destruction to the lives of Ukrainians as well as to Ukraine’s economy. Ukraine urgently needs our assistance, in many forms. At the same time, however, we need to understand how the war affects the Russian economy.

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India’s economy emerges from the pandemic

Economic activity in India has returned to pre-pandemic levels. The recovery remains uneven, however, as the pandemic is still ongoing and continues to influence behaviour.

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Limits to the “no limits” friendship between China and Russia

Will China, the world’s second largest economy, come to rescue Russia?

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Economic fallout from the war

In the early morning of February 24 Russian military invaded Ukraine. This violation of international law will result in widespread human suffering and economic dislocation.

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BOFIT 30 years – from the Soviet Union to emerging economies

Adaptation to changing circumstances has been one of the hallmarks of the Unit’s – the Bank of Finland Institute for Emerging Economies (BOFIT) – work.

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Consumption and service sectors key factors in the global trade collapse during the COVID-19 crisis

The global economy and global trade flows have been hit hard by the COVID-19 crisis. The trade collapse in the second quarter of 2020 was even more severe than during the trough of the global financial crisis in 2009.

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On financial stability, monetary policy, and macroprudential policy

Should monetary policy concern itself with financial stability? If yes, how should it do so?

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The ECB’s strategy review work highlights an evolution of views on monetary-fiscal interactions

As a part of their recent monetary policy strategy review, the ECB set up a workstream for the purpose of reviewing interactions between monetary and fiscal authorities in the euro area.

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Don’t blame the mirror if your face is faulty – assessing the symmetry of the ECB´s monetary policy responses

The symmetry of the guideline for the monetary policy stance has recently attracted considerable attention in central banks’ communications.

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Chinese GDP in Wonderland

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.

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Russia is struggling to find new sources of imports

The stagflation beast is stirring: Is it back to the ‘70s?

Russia’s economy and the war

India’s economy emerges from the pandemic

Limits to the “no limits” friendship between China and Russia

Economic fallout from the war

BOFIT 30 years – from the Soviet Union to emerging economies

Consumption and service sectors key factors in the global trade collapse during the COVID-19 crisis

On financial stability, monetary policy, and macroprudential policy

The ECB’s strategy review work highlights an evolution of views on monetary-fiscal interactions

Don’t blame the mirror if your face is faulty – assessing the symmetry of the ECB´s monetary policy responses

Chinese GDP in Wonderland

Can large trade shocks cause crises? The case of the Finnish-Soviet trade collapse

Clearer view of non-banking loans now available

International recommendations help in identifying investment risks and opportunities related to climate change

On fireside chats and optimal monetary policy

The pandemic hits monetary policy in India

The resilience of Chinese exports during the COVID-19 crisis

The Bank of Finland has long traditions in payment and settlement system simulations – the 18th Simulator Seminar

Will coronavirus affect Russia’s ’pivot to the East’?

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Interim forecast: Energy crisis will shrivel growth in Finnish economy

Russia is struggling to find new sources of imports

Forecast: Russia’s war in Ukraine is stifling Finland’s economic recovery

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Forecast: Russia’s war in Ukraine is stifling Finland’s economic recovery

Alternative scenario: Russia’s war in Ukraine could lead to a recession in Finland

Interim forecast: Energy crisis will shrivel growth in Finnish economy

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