ETLA and FIIA to study the future direction of the EU after the economic crisis

The Jane and Aatos Erkko Foundation has granted 530 000 euros for a research project focusing on EU’s future direction after the economic crisis. The study will evaluate EU’s development trends and their implications for the EU and Finland. The research project seeks to support political decision-making as well as public debate. The project is […]

Global economic recovery delayed – Finland’s GDP growth remains at 0.5 per cent in 2012

The euro crisis escalated again in the summer and the global economic recovery has been delayed; an upswing is not expected until mid-2013 at the earliest Finland’s GDP will grow 0.5 per cent in 2012; next year growth will remain at 1 per cent due to weak exports and consumption Finland’s consumer prices will rise […]

ETLA’s Nokia research referred to in The Economist

NOKIA contributed a quarter of Finnish growth from 1998 to 2007, according to figures from the Research Institute of the Finnish Economy (ETLA). Are any other economies so reliant on one company? The researchers at ETLA calculate Nokia’s value-added to work out its importance to Finland, but such data are not widely available for other […]

Markku Kotilainen in The Economist: Fiscal tightening one reason for soggy growth

The Finns are being hard-nosed because they face their own hardship, writes The Economist in an article about Finland’s role in the euro crisis. ETLA’s Markku Kotilainen is one of the experts quoted in the article.