The Nordic Banking Crisis

Released on by Mr.Burkhard Drees
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  • The Nordic Banking Crisis Book Detail

  • Author : Mr.Burkhard Drees
  • Release Date : 1998-04-20
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 52
  • ISBN 13 : 9781557757005
  • File Size : 2,2 MB
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The Nordic Banking Crisis by Mr.Burkhard Drees PDF Summary

Book Description: This study examines the banking crises in Finland, Norway and Sweden, which took place in the early 1990s, and draws some policy conclusions from their experiences. One key conclusion is that factors in addition to business cycle effects explain the Nordic countries financial problems. Although the timing of the deregulation in all three countries coincided with a strongly expansionary macroeconomic momentum, the main reasons for the banking crises were the delayed policy responses, the structural characteristics of the financial systems, and the banks inadequate internal risk-management controls.

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The Nordic Banking Crisis

The Nordic Banking Crisis

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This study examines the banking crises in Finland, Norway and Sweden, which took place in the early 1990s, and draws some policy conclusions from their experien

The Nordic Banking Crisis

The Nordic Banking Crisis

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Total View : 2378 Views
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This study examines the banking crises in Finland, Norway and Sweden, which took place in the early 1990s, and draws some policy conclusions from their experien

The Nordic Banking Crises

The Nordic Banking Crises

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Total View : 431 Views
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This paper examines the recent banking crises in Finland, Norway and Sweden in an attempt to draw some policy conclusions from their experiences. In all three c