Finland: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Finland

International Monetary Fund

No 2022/025, IMF Staff Country Reports from International Monetary Fund

Abstract: With strong policy support, Finland suffered a relatively mild economic contraction in 2020 followed by a swift recovery in 2021. Medium-term growth prospects are less strong, due to adverse demographics and low productivity growth—trends that precede the pandemic. Public debt has increased due to pandemic-related support and will remain on a rising trajectory in the medium term, largely reflecting permanent spending increases.

Keywords: liability positions vis-à-vis nonresident; money market rate; potential GDP; exchange arrangement; transparency policy; currency of Finland; Employment; COVID-19; Labor markets; Loans; Global (search for similar items in EconPapers)
Pages: 75
Date: 2022-01-31
New Economics Papers: this item is included in nep-mac
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