Blogs

Impending EU sanctions could badly hit Russia’s oil revenues

Russia’s oil exports have decreased only marginally in volume since it began the war in Ukraine. While the export volume to countries of the European Union has fallen somewhat, Russia has found new markets in India, China and Türkiye.

Blog

Russia’s annual budget plan portrays subdued stimulus to cope with recession, larger deficits could lie ahead

Russia’s government budget plan that covers all budget levels in 2022−2025 contains optimism. Revenue estimates are based on a relatively benign economic forecast, deficits have been set low, and expenditures are seen to grow very weakly in real terms despite the recession.

Blog

War’s price tag for Russia will be high

Russia’s war in Ukraine is, above all, a massive human tragedy and an assault on Ukraine’s economy and society. But Russia, too, will end up paying a high price for its cruel decision to wage war.

Blog

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.

Blog

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.

Blog

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.

Blog

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.

Blog

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

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

Blog

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.

Blog

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.

Blog

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.

Blog

On financial stability, monetary policy, and macroprudential policy

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

Blog

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.

Blog

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.

Blog

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.

Blog

Impending EU sanctions could badly hit Russia’s oil revenues

Russia’s annual budget plan portrays subdued stimulus to cope with recession, larger deficits could lie ahead

War’s price tag for Russia will be high

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

Newest articles Newest articles RSS feed

Impending EU sanctions could badly hit Russia’s oil revenues

Energy will dominate euro area’s economic outlook for a long time yet

What is monetary policy normalisation?

Popular articles

War’s price tag for Russia will be high

Interim forecast: Energy crisis will shrivel growth in Finnish economy

Energy will dominate euro area’s economic outlook for a long time yet

Download list

Search from the site