Russian federal budget revenues declined last year, while defence spending soared
Russian federal budget revenues declined last year, while defence spending soared In nominal ruble terms, federal budget revenues last year contracted 6 %. In real terms (i.e. taking inflation into c...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian inflation surged to heights last year
Russian inflation surged to heights last year The on-month rise in consumer prices in December, as in November, outpaced the last significant rise in November-December 2010 – not counting the record ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Low oil prices challenge Russian government finances
Low oil prices challenge Russian government finances The houses of the Russian parliament (Duma and Federation Council) during the past two weeks approved the draft 2016 federal budget. In its decisi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian output up in September; consumption continued to fall
Russian output up in September; consumption continued to fall Rosstat reports that seasonally adjusted industrial output rose considerably in September to its fastest growth since December 2014. Outp...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
International institutions concerned about soaring indebtedness in China
International institutions concerned about soaring indebtedness in China The Bank for International Settlements (BIS) data for January-March reveal several “early-warning” indicators that point to in...
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
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...
Bofit.fi / Bofit homepage
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
Despite yuan promotion policies, international use of the currency remains modest
China Despite yuan promotion policies, international use of the currency remains modest The yuan (CNY), which is still not freely convertible due to China’s strict currency controls, has yet to esta...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019