Finland: Recent Economic Developments

Publication Date:

October 23, 1995

Summary:

This paper reviews economic developments in Finland during 1990–95. The paper discusses the domestic economy, public finances, money and credit, and the balance of payments. It reports on the robustness of various inflation indicators, providing background to the process of establishing a monetary policy framework under a floating exchange rate. The paper also reviews possible structural causes for high unemployment and discusses reform proposals. Macroeconomic shocks that triggered the recession are analyzed. The role of financial factors in the transmission of those shocks economy-wide is also discussed.

Series:

Country Report No. 1995/104

Subject:

Notes:

This report on recent economic developments in Finland was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

English

Publication Date:

October 23, 1995

ISBN/ISSN:

9781451813111/1934-7685

Stock No:

1FINEA0011995

Pages:

166

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