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On the resolution of financial crises: the Swedish experience

Author

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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 countrys 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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    Citations

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    Cited by:

    1. David Murphy, 2009. "The causes of the credit crunch: a backwards look?," Quantitative Finance, Taylor & Francis Journals, vol. 9(7), pages 775-790.
    2. Walter Engert & Ben Fung & Björn Segendorf, 2019. "A Tale of Two Countries: Cash Demand in Canada and Sweden," Discussion Papers 2019-7, Bank of Canada.
    3. 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(2), pages 307-337, June.
    4. Aldean, Cory, 2010. "Financial crisis response plan," MPRA Paper 28166, University Library of Munich, Germany, revised 27 Jan 2011.

    More about this item

    Keywords

    Financial crises - Sweden;

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