Discussion Paper

On the resolution of financial crises: the Swedish experience

Abstract: Sweden was one of the Scandinavian countries experiencing a severe financial crisis In the late 1980s and early 1990s. I review the policy choices and external factors that pushed the countrys financial system over the edge and then examine the steps the government took to make its resolution of the crisis one of the most successful in the past 30 years.

Keywords: Financial crises - Sweden;

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File(s): File format is application/pdf http://www.clevelandfed.org/research/PolicyDis/pdp20.pdf


Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Policy Discussion Papers

Publication Date: 2007

Issue: Jun

Order Number: 21