Beyond the 2008 Global Financial Crisis

Carol Yeh-Yun Lin, Leif Edvinsson, Jeffrey Chen and Tord Beding
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Carol Yeh-Yun Lin: National Chengchi University
Leif Edvinsson: Universal Networking Intellectual Capital
Jeffrey Chen: Accenture
Tord Beding: TC-Growth AB

Chapter Chapter 4 in National Intellectual Capital and the Financial Crisis in Denmark, Finland, Iceland, Norway, and Sweden, 2014, pp 63-71 from Springer

Abstract: Abstract This chapter reports activities after 2010, a time line regarded as the aftermath of the 2008 global financial crisis which was formally announced to be over at the end of 2009 (Kehoe, 2010; OECD, 2010). Although some European countries were still in sovereign debt trouble after 2010 (Greece requested another bailout in early 2012 and Spain asked for external financial assistance in June 2012), we use 2010 as a cutoff point in order to be consistent with the reports of other country clusters in this booklet series. From the statistics reported in Chaps. 2 and 3 , economic situations of the Nordic countries (except Iceland) began to recover at the last quarter of 2009 under the support of government stimulus efforts and their relatively resilient financial systems after the early 1990s Nordic banking crisis.

Keywords: Financial Crisis; Financial Institution; Euro Area; Nordic Country; Global Financial Crisis (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-1-4614-9536-9_4

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DOI: 10.1007/978-1-4614-9536-9_4

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