Regions and local governments face precarious budget circumstances
Regions and local governments face precarious budget circumstances First- and second-quarter revenues to the consolidated budget (federal, regional and local government revenues plus state social fun...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
China surpasses the US in volume of international patent applications
China China surpasses the US in volume of international patent applications 2019 figures just released by the World Intellectual Property Organization (WIPO), a specialised UN agency, show that a tota...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2020
Finland-China trade soared in the first half
China Finland-China trade soared in the first half Finnish Customs reports the goods trade between Finland and China grew by 20 % y-o-y in the first half of this year. Growth exceeded that of Finnish ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
A quarter of all international patent filings last year were made in China
China A quarter of all international patent filings last year were made in China The World International Property Organization (WIPO) estimates that last year there were a total of 275,900 internation...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2021
China is Myanmar’s most important trading partner
China China is Myanmar’s most important trading partner At the beginning of February, China’s foreign affairs ministry issued a tepid statement ... noting the military coup in Myanmar and hoped that t...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2021
Minor shifts in the structure of Russian foreign trade
Minor shifts in the structure of Russian foreign trade Measured in US dollars, the value of both goods exports and goods imports contracted by 30 % y-o-y in the fourth quarter of 2015. The rate of con...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
China’s role in international patent activity continues to increase rapidly
China’s role in international patent activity continues to increase rapidly The latest figures from the World Intellectual Property Organization (WIPO) show that the volume of patent applications file...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
Russian Duma approves adjustments to federal and social fund budgets for 2015
Russian Duma approves adjustments to federal and social fund budgets for 2015 The Duma made no change to the government’s proposed federal budget in aggregate, even if the modifications had caused he...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Russian government budget framework assumes lean years ahead
Russian government budget framework assumes lean years ahead In its latest budget framework proposal to the government, the finance ministry expects the nominal value of government revenues to fall th...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Sluggish growth in global trade
#worldeconomy Sluggish growth in global trade Several international forecasters have revised their economic outlooks in recent weeks. The IMF’s World Economic Outlook (WEO) released last week now sees...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2023
New Delhi summit winds up India’s G20 presidency
#India New Delhi summit winds up India’s G20 presidency Hosted in the capital city of New Delhi, Indian prime minister Narendra Modi welcomed a large contingent of world leaders to the G20 summit on S...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2023
Russians experienced drop in real household incomes last year
Russians experienced drop in real household incomes last year Rising inflation caused real household incomes to contract by nearly 1 % last year. When inflation flared in November and December 2014, r...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Depressed Russian demand and output continued in May
Depressed Russian demand and output continued in May For the third month in a row, the volume of retail sales was down about 9 % y-o-y. The contraction for the first five months of 2015 was over 7.5 ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
IMF report clarifies issues on possible inclusion of yuan in SDR basket
IMF report clarifies issues on possible inclusion of yuan in SDR basket The IMF Board will decide this November on adding the Chinese yuan to the IMF’s Special Drawing Rights (SDR) basket reserve cur...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Large shifts in structure of government revenues and spending
Large shifts in structure of government revenues and spending In the first half of 2015, revenues to the consolidated budget (federal, regional and local governments, plus state social funds) remaine...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
China’s oil imports set record, but uncertainty over near-term oil demand depresses oil market
China China’s oil imports set record, but uncertainty over near-term oil demand depresses oil market China imported 506 million metric tons of crude oil last year, a 9.5 % increase from 2018. Chi...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2020
Ivan Lyubimov: Weak institutions and the race between education and technology
Tuesday 29 March 2016 at 10.30–11.30 Ivan Lyubimov (Gaidar Institute for Economic Policy, Moscow) Weak institutions and the race between education and technology Abstract We study a developing econo...
Bofit.fi / BOFIT start page / Research / Seminars / BOFIT seminars 2011–2016 / 2016
David Tarr: Putting Services and Foreign Direct Investment with Endogenous Productivity Effects in Computable General Equilibrium Models
Monday 27 June 2016 at 10.30–11.30 David Tarr (World Bank): Putting Services and Foreign Direct Investment with Endogenous Productivity Effects in Computable General Equilibrium Models Abstract In thi...
Bofit.fi / BOFIT start page / Research / Seminars / BOFIT seminars 2011–2016 / 2016
Healthy increase in Finnish exports to China last year
China Healthy increase in Finnish exports to China last year Finnish Customs values Finland’s goods exports to China last year at 3.5 billion euros, an increase of 4 % from 2017. Exports set a nearly ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
This year’s economic goals rolled out at National People’s Congress
China This year’s economic goals rolled out at National People’s Congress On Saturday (Mar. 5), the 2,980-member People’s National Congress convened for a week-long plenary session in Beijing. As part...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2022