| Description |
1 online resource (90 pages) : color illustrations |
| Series |
IMF country report ; no. 12/254 |
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IMF country report ; no. 12/254
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| Contents |
Cover; Contents; I. Analytical Note 1: International Spillovers; A. Trade and Financial Linkages; B. Fiscal Spillovers; C. Growth Spillovers; D. Banking and Sovereign Stress Spillovers; E. Conclusion; F. References; Appendixes; 1.1. A Measure of the Effect of Global Consolidation on Growth; 1.2. Contagion Module -- A Simulation of Downstream Risk from Defaults; II. Analytical Note 2: Macro-Financial Linkages; A. Financial Conditions and their Effect on Output; B. Credit Market Imbalances; C. Housing Sector Developments, Credit, and Growth; D. Conclusion; E. References |
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III. Analytical Note 3: Potential Output EstimatesA. Introduction; B. Methods; C. Results; Figures; 3.1. Potential Growth and Output Gap Estimates; D. Prospects; 3.2. Output Gap, Potential Growth, and NAIRU; E. Policies to Promote Growth; F. References; 3.1. Details of the Multivariate Model of Potential Output; Appendix Tables; 1.1. Steady-State Calibration Values; 1.2. Estimated Parameter Values; IV. Analytical Note 4: Macroeconomic Deleverage Scenarios; A. Introduction; B. The Model; C. Deleveraging Scenarios; D. Model Predictions; E. References; 4.1. Deleveraging Scenarios |
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V. Analytical Note 5: Basel III and the Finnish Financial SystemA. Implementing Basel III Recommendations-Challenges for Finnish Banks; B. Funding Risk Associated with Increasing Capital; C. Stress Tests of the Finnish Banks; VI. Analytical Note 6: From Short-Term Vulnerabilities to Long-Term Sustainability; A. Finland's Short- and Medium-Term Vulnerabilities in Perspective; Assessing Short- and Medium-Term Vulnerabilities; With Short-Term Vulnerabilities in Mind, What is the Appropriate Fiscal Stance?; B. Long-Term Sustainability; Estimating the Fiscal Sustainability Gap |
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Measures to Achieve SustainabilityC. Optimal Fiscal Consolidation Paths; D. References; 6.1. Methodology for Short- and Medium-Term Vulnerability Indicators; Table; 6.1. Public Sector Debt Sustainability Framework, 2007-17; 6.1. Gross Funding Needs; 6.2. Market Perception of Sovereign Default Risk; 6.3. Impact of Shocks; 6.4. Public Debt Sustainability: Bound Tests; 6.5. Fiscal Sustainability, 2011-60; VII. Analytical Note 7: Fiscal Rules in Perspective; A. Finland's Fiscal Accounts and Recent Developments; B. Spending Limits and Other Rules: the International and the Finnish Experience |
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Finland's Fiscal FrameworkC. The Effect of Fiscal Rules; Simulating Hypothetical Budget Balances; Simulation Results; D. Improving the Finnish Fiscal Framework; Long-Term Sustainability; Local Government Spending; Additional Factors that Can Help Obtain the Goals; E. Concluding Remarks; Boxes; 7.1. Fiscal Rules in Europe; 7.2. Expenditure Limits and the 2012-15 Government Program; 7.3. Structural Balance and Expenditure Rule; F. References; 7.1. Assumptions Underlying the Fiscal Rule Simulations; 7.1. General Government and Subsectors, 1995-2011 |
| Summary |
Annotation In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country |
| Notes |
Title from PDF title page (IMF Web site, viewed Sept. 4, 2012) |
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"Prepared by Lona Christiansen [and four others]"--Page 2 of pdf |
| Bibliography |
Includes bibliographical references |
| Subject |
Economic development -- Finland
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Banks and banking -- Finland
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BUSINESS & ECONOMICS -- Economics -- General.
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BUSINESS & ECONOMICS -- Reference.
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Banks and banking
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Economic development
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Economic history
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International economic relations
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| SUBJECT |
Finland -- Foreign economic relations -- Europe
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Finland -- Economic conditions.
http://id.loc.gov/authorities/subjects/sh85048366
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| Subject |
Europe
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Finland
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| Form |
Electronic book
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| Author |
International Monetary Fund
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| ISBN |
147557729X |
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9781475577297 |
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9781475511697 |
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1475511698 |
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