The Nordic Banking Crises : Pitfalls in Financial Liberalization?

Pitfalls in Financial Liberalization?

The Nordic Banking Crises : Pitfalls in Financial Liberalization?
This paper examines the recent banking crises in Finland, Norway and Sweden in an attempt to draw some policy conclusions from their experiences. In all three countries, the timing of deregulation coincided with a strongly expansionary macroeconomic momentum. Delayed policy responses, as well as structural characteristics of the financial... READ MORE...

Publication date: June 1995
ISBN 9781451848113
$15.00

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