Economy ministry puts out ever-rosier forecasts
Economy ministry puts out ever-rosier forecasts Over the past two months, the economy ministry has drafted four economic forecasts. The latest draft reduces slightly its expected GDP contraction this...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
China strengthens its status as world’s third most active patent-seeker
China strengthens its status as world’s third most active patent-seeker Latest figures from the World Intellectual Property Organization (WIPO) show the volume of international patents filed under th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Ukraine gets new 4-year IMF fund facility
Ukraine gets new 4-year IMF fund facility The IMF’s executive board decided on March 11 to go ahead with a new lending programme for Ukraine. The new fund facility lasts four years, during which time...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
CBR sees Russian economy contracting 3.5–4 % this year
CBR sees Russian economy contracting 3.5–4 % this year The central bank forecast further expects the GDP to fall 1–1.6 % in 2016 but return to growth of 5.5–6.3 % in 2017. The CBR’s outlook assumes t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Growth of government revenues and expenditures just kept up with inflation in 2014
Growth of government revenues and expenditures just kept up with inflation in 2014 Revenues to the consolidated budget, that is the overall government budget (federal, regional and municipal budgets ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Semblance of calm returns to banking sector
Semblance of calm returns to banking sector The ruble’s collapse crested in mid-December (Dec. 16–17), followed by a frenzy of withdrawals from bank deposit accounts. However, the situation calmed in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Research Fellows
2022- Jan Fidrmuc / Lille Économie Management (L.E.M), Université de Lille Jan Fidrmuc holds the Accueil de talents 2020 chaire d'excellence professorship at Lille Économie Manageme...
Bofit.fi / Bofit homepage / Personnel
Russian economy has recovered from last year’s recession, but pace of recovery varies considerably across branches
Russia Russian economy has recovered from last year’s recession, but pace of recovery varies considerably across branches The Russian economy has largely recovered from the recession in spring 2020,...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
New round of US tariffs could significantly slow global growth
China,economy,BOFIT Weekly Review New round of US tariffs could significantly slow global growth On April 2, the United States president Donald Trump announced “reciprocal” import tariffs of 10–50 %...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Global growth faces increased risks
global economy,trade,imf,BOFIT Weekly Review Global growth faces increased risks The International Monetary Fund (IMF) last week released its quarterly update of the World Economic Outlook. Global g...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Publications
Research papers are published in our BOFIT Discussion Papers series, while topics of current interest are addressed in the BOFIT Policy Brief series. BOFIT blog entries in Finnish or English are poste...
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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...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Moderate global growth expected next year
world economy Moderate global growth expected next year The strength of global economic growth surprised many observers this year. A major driver was the robust performance of the US economy, which ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Chinese efforts to stave off economic slowdown to continue in 2024
China Chinese efforts to stave off economic slowdown to continue in 2024 In recent months, China has employed a wide variety of measures to stimulate economic growth (BOFIT Weekly 44/2023). Most of ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
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 se...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
IMF raises its forecast for global economic growth
world economy IMF raises its forecast for global economic growth In its latest World Economic Outlook released this week, the International Monetary Fund now sees annual global growth reaching 3.0...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
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 to...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian government deficit soared in 2015
Russian government deficit soared in 2015 Revenues to the consolidated government budget (federal, regional and municipal budgets, plus state social funds) declined 1 % in nominal rubles, while expen...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
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 co...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
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. C...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020