Profile avatar
iikkakorhonen.bsky.social
Head of BOFIT (Bank of Finland Institute for Emerging Economies), not representing the official views of my employer, RTs not endorsements https://t.co/E0YqzEKBp7
759 posts 2,517 followers 1,025 following
Prolific Poster

My source for geographic information on breaking news stories in 2025? Obviously it's Flemish cartographer Gerardus Mercator and his 1569 map showing the Golfo Mexicano... Sourced from Wikimedia Commons: buff.ly/43kjmY9

Global Per Capita Wine, Beer, and Spirits Consumption, 1961-2022

Over 1000 economists have added their BlueSky handle to their RePEc author profile. Unfortunately, about 50 of those handles have changed (or been cancelled) since without being updated in the RePEc profile, hence they cannot be listed. ideas.repec.org/i/ebluesky.h... #RePEc #EconSky

"The updated joint assessment of the World Bank, Ukrainian government, EU Commission and the UN estimates the costs of #Ukraine ’s recovery and reconstruction as of end-2024 had risen to $524 billion, or 2.9 times Ukraine’s nominal GDP in 2023." www.bofit.fi/en/monitorin...

Ukraine has received a total of more than $115 bn in direct support between February 2022 and end-2024. Of that, the EU has provided about $45 bn, followed by the US with about $31 bn. Ukraine had withdrawn slightly over $12 bn from its IMF loan facility as of end-2024. www.bofit.fi/en/monitorin...

Let’s see🇪🇺🇮🇳

Maailmanpankin, Ukrainan hallituksen, EU Komission ja YK:n yhteinen raportti arvioi Ukrainan jälleenrakennuksen ja palautumisen kustannusten nousseen 524 mrd dollariin vuoden 2024 loppuun mennessä, mikä on 2,9-kertaisesti Ukrainan nimellisen vuoden 2023 BKT:n verran. 🇺🇦 www.bofit.fi/fi/seuranta/...

An insane decision by the State Department to terminate the Title VIII program, which has allowed American students to study the languages of Eastern Europe, the Caucasus, and Central Asia – all essential for foreign policy, intelligence, the military and not least a better informed citizenry.

📣We are pleased to share the report “Improving the Publication Process in Economics” by an ad-hoc joint AEA-EEA-ES-RES committee - Joseph Altonji, Kevin Lang, Erzo Luttmer, Imran Rasul, Stefanie Stantcheva, Romain Wacziarg and Guido Imbens. Read and share your views👉 buff.ly/4bg6xQi #EconSky

www.youtube.com/watch?v=BLFO...

Maailmanpankin, Ukrainan hallituksen, EU Komission ja YK:n yhteinen raportti arvioi Ukrainan jälleenrakennuksen ja palautumisen kustannusten nousseen 524 mrd dollariin vuoden 2024 loppuun mennessä, mikä on 2,9-kertaisesti Ukrainan nimellisen vuoden 2023 BKT:n verran. 🇺🇦 www.bofit.fi/fi/seuranta/...

”suoraa budjettitukea Ukraina on saanut yli 115 miljardia dollaria..2024 loppuun mennessä. Tästä EU on rahoittanut noin 45 miljardia dollaria ja USA noin 31 miljardia. IMF:n lainaohjelman kautta Ukraina on saanut hieman yli 12 miljardia vuoden 2024 loppuun mennessä.”🇺🇦 www.bofit.fi/fi/seuranta/...

Goods exports to Russia, value 2024 vs 2021 China +71% India +48% Türkiye +46% Kazakhstan +34% Malaysia +6% Thailand -14% Vietnam -27% Taiwan -55% South Korea -55% Japan -62% EU -65% UK -76% USA -92%

”…deal on the joint development of the country’s mineral resources through a “reconstruction investment fund”. The agreement….is a lot less onerous and sweeping than Washington’s initial proposal.”🇺🇦 on.ft.com/3QA9C4b What are the terms of the US-Ukraine minerals deal?

NEW: Just 6% of Gen Z say they actually want a dictator – not over half, as has been recently claimed. Our study finds only a very small minority of 13-27-yr-olds really feel this way, when their views and interpretations are tested with different questioning approaches 🧵⬇️

Very glad to present the February 2025 issue of the JEEA - featuring 10 papers from some of the world's best economists, in a wide range of fields. academic.oup.com/jeea/issue/2... @jeeanews.bsky.social

US oil sanctions in 2025: 1. Biden hits Russia 2. Trump begins max pressure on Iran, blacklists 3 ships 3. New round on Iran: 13 vessels, 22 individuals Effect? Oil shrugs them off - Ample supply pushed prices down $6 - Strong demand offset that, keeping oil steady this year

Sometimes one needs to speculate a bit. And in @bofitresearch.bsky.social Policy Brief 4/25 we speculate about Russia’s economy until 2030. What could happen in different scenarios? Which chances brought by the war are permanent? @laurasolanko.bsky.social www.bofit.fi/en/publicati...

Goods exports to Russia, value 2024 vs 2021 China +71% India +48% Türkiye +46% Kazakhstan +34% Malaysia +6% Thailand -14% Vietnam -27% Taiwan -55% South Korea -55% Japan -62% EU -65% UK -76% USA -92%

Here we go (maybe) "Donald Trump said he had decided to slap 25 per cent tariffs on imports from the EU, as he lashed out at the bloc, saying it “was formed to screw the United States" on.ft.com/3ESBTjQ Donald Trump says he will impose 25% tariffs on imports from EU

Trump vows to slap 25% tariffs on EU and claims bloc was ‘formed to screw US’ www.theguardian.com/us-news/2025...

As Trump and Putin consider meeting, it's useful to ponder why Moscow now appears inclined to end the war in Ukraine - for @politico.eu I outline why Russia could soon struggle to finance the war, meaning fiscal breathing room could be what Putin is really looking for www.politico.eu/article/vlad...

”…deal on the joint development of the country’s mineral resources through a “reconstruction investment fund”. The agreement….is a lot less onerous and sweeping than Washington’s initial proposal.”🇺🇦 on.ft.com/3QA9C4b What are the terms of the US-Ukraine minerals deal?

This Cabinet meeting has all the charisma and vigor of a Brezhnev-era Politiburo meeting, circa 1981.

Valuable resource:

Full text of the Ukraine-US Minerals Deal. 1. Seems fine (an investment and reconstruction fund); 2. Has no resemblance to what the Trump administration has been saying about it; 3. Can't tell if Ukraine is good at diplomacy, or Trump bad at it. www.eurointegration.com.ua/eng/articles...

Our @bofitresearch.bsky.social Policy Brief 3/25 on Russia’s three-year foray into war economy. Structure of the economy has changed as more and more resources are directed to war and military. Some of the changes are permanent, we argue. @laurasolanko.bsky.social www.bofit.fi

Sometimes one needs to speculate a bit. And in @bofitresearch.bsky.social Policy Brief 4/25 we speculate about Russia’s economy until 2030. What could happen in different scenarios? Which chances brought by the war are permanent? @laurasolanko.bsky.social www.bofit.fi/en/publicati...

BOFIT Policy Brief 4/2025 by @iikkakorhonen.bsky.social, Heli Simola and @laurasolanko.bsky.social: The impacts of war on Russia’s economic future 🔗 publications.bof.fi/handle/10024... #Russia #economy #war #sanctions

Source: The Conference Board Confidence declines at fastest pace since August 2021. Tracks with the deterioration seen in U Michigan index. Sentiment in souring on the economy and the future rapidly.  www.conference-board.org/topics/consu...

saints preserve us WTH White House official pushes to axe Canada from Five Eyes intelligence group www.ft.com/content/2dfa...

”Russia is increasing scrutiny of Chinese automobile exports, suspending the sales of a heavy-duty truck model and raising concerns in the industry that stricter regulations could disrupt the booming trade.” 🇨🇳🇷🇺 www.caixinglobal.com/2025-02-15/d...

Give @bofitresearch.bsky.social a follow

BOFIT Policy Brief 3/2025 by @iikkakorhonen.bsky.social Sinikka Parviainen, Heli Simola and @laurasolanko.bsky.social: How have three years of war changed the Russian economy? 🔗 publications.bof.fi/handle/10024... #Russia #Economy #Sanctions #EconomicPolicy

Och det är samma på finska. @bofitresearch.bsky.social Policy Brief 2/2025

BOFIT Policy Brief 2/2025 @iikkakorhonen.bsky.social, Sinikka Parviainen, Heli Simola ja @laurasolanko.bsky.social: Kolme vuotta hyökkäyssotaa – Miten Venäjän talous on muuttunut? 🔗https://publications.bof.fi/handle/10024/53945 #Venäjä #talous #pakotteet #talouspolitiikka

Our @bofitresearch.bsky.social Policy Brief 3/25 on Russia’s three-year foray into war economy. Structure of the economy has changed as more and more resources are directed to war and military. Some of the changes are permanent, we argue. @laurasolanko.bsky.social www.bofit.fi

The 2025 Annual Meeting of the Central Bank Research Association (CEBRA) will be co-organized with the Federal Reserve Bank of Boston and Harvard Business School Deadline March 20! Also a session organized by @suomenpankki.fi ! cebra.org/events/annua...

My colleagues looked at the EU dependency on China. There is a lot of it. www.ecb.europa.eu/press/resear...

Three years from Russia’s brutal and illegal invasion of Ukraine. Ukraine has withstood the attack, partly because its economy has recovered. My colleague Sinikka Parviainen wrote a blog.🇺🇦 www.bofbulletin.fi/en/blogs/202...

It is a special honor to hold the 10th CEBRA Annual Meeting at @harvard.edu and the FRB Boston together with 30 central banks and IFIs: www.cebra-events.org/call-for-pap... The event will take place at FRB Boston on August 6 and at HBS on 7-8 Aug. Submission deadline is March 20, 2025....

DPRK supplying half of Russia’s munitions with more arms to come, Ukraine says – NK News

The Finnish president joined EU leaders on a visit aimed at showing solidarity on the third anniversary of Russia's full-scale attack on Ukraine.