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 cabinet decides to increase spending this year, abandons last spring’s budget framework
Russian cabinet decides to increase spending this year, abandons last spring’s budget framework The Russian government this week submitted to the Duma a proposed amendment to this year’s federal budg...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
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
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
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
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
2022-2026 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 Mana...
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
Half of the cars built and sold in China still only have internal combustion engines
China,economy,BOFIT Weekly Review Half of the cars built and sold in China still only have internal combustion engines The China Association of Automobile Manufacturers (CAAM) reports that productio...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Yuan’s depreciation trend likely over; Chinese currency’s internationalisation progresses slowly
Yuan’s depreciation trend likely over; Chinese currency’s internationalisation progresses slowly The yuan’s persistent weakening bias, which have lasted for most of this year, appears to have ended. ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
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
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 the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
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
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 nearl...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
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
Trade dispute gives impetus to long-stalled economic reforms in China
China Trade dispute gives impetus to long-stalled economic reforms in China Chinese officials this summer implemented reforms aimed at easing access of foreign firms to China’s markets. Measures inc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
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
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
Robotisation of China zooms along
China Robotisation of China zooms along China has been the world's largest market for industrial robots since 2013, and accounted for 30 % of global industrial robot sales in 2016. The Internati...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018