Federal Reserve Bank of Cleveland
Effective practices in crisis resolution and the case of Sweden
The current financial crisis is a painful reminder that the developed world is not yet immune to these devastating shocks. But while we haven’t learned to prevent them, we have learned some lessons about what is necessary to contain them once they begin and to limit the damage that follows. As policymakers worldwide focus on resolving the current financial crisis, they might look to Sweden as a useful model for effective strategies.
Cite this item
Kent Cherny & O. Emre Ergungor, "Effective practices in crisis resolution and the case of Sweden"
, Federal Reserve Bank of Cleveland, Economic Commentary, issue Feb, 2009.
Keywords: Financial crises - Sweden
This item with handle RePEc:fip:fedcec:y:2009:i:feb
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