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On the resolution of financial crises: the Swedish experience

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  • O. Emre Ergungor

Abstract

Sweden was one of the Scandinavian countries experiencing a severe financial crisis In the late 1980s and early 1990s. I review the policy choices and external factors that pushed the country’s financial system over the edge and then examine the steps the government took to make its resolution of the crisis one of the most successful in the past 30 years.

Suggested Citation

  • O. Emre Ergungor, 2007. "On the resolution of financial crises: the Swedish experience," Policy Discussion Papers, Federal Reserve Bank of Cleveland, issue Jun.
  • Handle: RePEc:fip:fedcpd:y:2007:i:jun:n:21
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    File URL: http://www.clevelandfed.org/research/PolicyDis/pdp20.pdf
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    File URL: https://fraser.stlouisfed.org/scribd/?item_id=495654&filepath=/docs/historical/frbclev/pdp/frbclv_pdp_200707_021.pdf
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    Cited by:

    1. Courtemanche, Charles & Snowden, Kenneth, 2011. "Repairing a Mortgage Crisis: HOLC Lending and Its Impact on Local Housing Markets," The Journal of Economic History, Cambridge University Press, vol. 71(02), pages 307-337, June.
    2. Aldean, Cory, 2010. "Financial crisis response plan," MPRA Paper 28166, University Library of Munich, Germany, revised 27 Jan 2011.

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    Keywords

    Financial crises - Sweden;

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