The depths of the COVID-19 crisis, and the recovery
Pönkä, Harri; Sariola, Mikko (12.01.2021)
Volyymi
94Numero
6/2020Julkaisija
Bank of Finland
2021
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-202101251058Tiivistelmä
In the Bank of Finland’s December 2020 forecast, the crisis caused by COVID-19 is not expected to be as deep as the global financial crisis and recovery is expected to be faster. Although both recessions have had a broad-ranging impact, in the recession caused by the COVID-19 pandemic it is mainly service industries that have suffered. According to the forecast, the current crisis will result in temporarily slower economic growth in the next few years, but in the medium term the economy will see a return to the growth rates that preceded the crisis.
Julkaisuhuomautus
The accessible version: https://www.bofbulletin.fi/en/2020/6/the-depths-of-the-covid-19-crisis-and-the-recovery/