Euro area growth to accelerate to 1.8 per cent

The EUROFRAME Group of 10 European research institutes expects real GDP in the euro area to rise by 1.8 per cent in both 2016 and 2017, up from 1.5 per cent last year.

Slow GDP growth expected for Finland in 2015-2035

ETLA anticipates Finland’s GDP to grow by an average 1.5 per cent a year in the period 2015-2025. Growth is slowed by fiscal adjustment in the first half of the period.

Finland’s GDP will increase a bit this year – next year growth is expected to accelerate slightly

Finland’s GDP will increase by 0.2 per cent in 2015, after which growth will accelerate to 1 per cent in 2016 and to 1.3 per cent in 2017. Export- and investment-led growth requires the continuation of wage moderation and an improvement in competitiveness and recovery of export markets in the expected manner. The euro area […]

The structural balance may guide fiscal policy pro-cyclically

The structural balance that plays a central role in the EU’s new fiscal policy legislation may guide fiscal policy in a pro-cyclical way, in other words make it stimulating in an expansion and restrictive in a recession, reveals a study by Researcher Tero Kuusi. An English translation of the research report has now been published.

Commodity price recovery is gaining foot

Commodity prices will turn to a slight recovery during the 2015 – 2016 forecasting period, foresees the Working Group on Commodity Prices of AIECE, Association of European Business Cycle Institutes in the biannual report ” World Trade and Commodity Prices in 2015 – 2016”. Pulled by crude oil prices, energy raw materials are expected to […]

Do we see the industrial internet as a job killer, or job creator?

According to researchers of Aalto University, VTT Technical Research Centre of Finland Ltd, and the Research Institute of the Finnish Economy ETLA, the upheaval brought on by the industrial internet is an opportunity to increase Finnish well-being and productivity and to make Finland an attractive target for investment. The working group estimates that if successful, […]