Summary of Spillovers in the Nordic Countries
Source: IMF eLibrary
Regional political and economic developments exert different effects on the economies of the Nordic countries.
The Nordic nations reverberate from economic tremors arising from the European Union and, to a lesser degree, Russia, and from falling energy prices. But these countries are not equally at risk, according to this complex analysis by International Monetary Fund economists Borislava Mircheva and Dirk Muir. While the report’s conclusions are unsurprising, getAbstract nonetheless recommends it to economists and analysts for its comprehensive scenarios.
In this summary, you will learn
- How economic and political developments in the euro zone and Russia influence the Nordic countries, and
- How a decline in the price of oil and more EU sanctions against Russia would affect Nordic economies.
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