Financial Crisis and Crisis Management in Sweden. Lessons for Today

Lars Jonung ()

No 165, ADBI Working Papers from Asian Development Bank Institute

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 crisis; crisis management; bank resolution; solvency crisis; banking crisis (search for similar items in EconPapers)
JEL-codes: E32 E44 E63 F32 F34 G21 G32 G33 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2009-11-20
New Economics Papers: this item is included in nep-ban, nep-mac and nep-mon
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Citations: View citations in EconPapers (7)

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Working Paper: Financial Crisis and Crisis Management in Sweden. Lessons for Today (2010)
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