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Finland: Staff Report for the 2012 Article IV Consultation

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  • International Monetary Fund

Abstract

The paper is an account of Finland’s unexpected upcoming deceleration in the economy at the end of 2011 and later. The deleveraging of the financial sector and the debt crisis made the nation fear an inevitable recession. To sustain this vulnerable situation, due attention was given to short-term growth and long-term challenges. Banks were encouraged to build up capitals and toughen bank decrees. Plans were made to multiply labor power and productivity. At the end of the paper, the Board welcomed the commitment of the state in improving and safeguarding the financial sector.

Suggested Citation

  • International Monetary Fund, 2012. "Finland: Staff Report for the 2012 Article IV Consultation," IMF Staff Country Reports 2012/253, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2012/253
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=26227
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    Cited by:

    1. International Monetary Fund, 2014. "Finland: Selected Issues," IMF Staff Country Reports 2014/140, International Monetary Fund.

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