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Financial Crisis and Crisis Management in Sweden. Lessons for Today

Lars Jonung ()

Working Papers from eSocialSciences

Abstract: This paper gives an account of the Swedish financial crisis covering the period 1985–2000, dealing with financial deregulation and the boom in the late 1980s, the bust and the financial crisis in the early 1990s, the recovery from the crisis and the bank resolution policy adopted during the crisis. The paper focuses on three issues: the causes and consequences of the financial crisis, the policy response concerning bank resolution, and the applicability of the Swedish model of bank crisis management for countries currently facing financial problems.

Keywords: financial; bank; resolution; policy (search for similar items in EconPapers)
Date: 2010-10
New Economics Papers: this item is included in nep-ban
Note: Institutional Papers
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