The Nordic Banking Crisis : Pitfalls in Financial Liberalization: Pitfalls in Financial Liberalization /
This study examines the banking crises in Finland, Norway and Sweden, which took place in the early 1990s, and draws some policy conclusions from their experiences. One key conclusion is that factors in addition to business cycle effects explain the Nordic countries financial problems. Although the...
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| Tác giả khác: | |
| Định dạng: | Tạp chí |
| Ngôn ngữ: | English |
| Được phát hành: |
Washington, D.C. :
International Monetary Fund,
1998.
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| Loạt: | Occasional Papers; Occasional Paper ;
No. 1998/007 |
| Truy cập trực tuyến: | Full text available on IMF |
| Tóm tắt: | This study examines the banking crises in Finland, Norway and Sweden, which took place in the early 1990s, and draws some policy conclusions from their experiences. One key conclusion is that factors in addition to business cycle effects explain the Nordic countries financial problems. Although the timing of the deregulation in all three countries coincided with a strongly expansionary macroeconomic momentum, the main reasons for the banking crises were the delayed policy responses, the structural characteristics of the financial systems, and the banks inadequate internal risk-management controls. |
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| Mô tả sách: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Mô tả vật lý: | 1 online resource (41 pages) |
| Định dạng: | Mode of access: Internet |
| số ISSN: | 0251-6365 |
| Truy cập: | Electronic access restricted to authorized BRAC University faculty, staff and students |