The Nordic Banking Crisis: Pitfalls in Financial Liberalization PDF
By:Burkhard Drees,Ceyla Pazarbasioglu
Published on 1998-04-20 by International Monetary Fund
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.
This Book was ranked at 12 by Google Books for keyword Banking.
Book ID of The Nordic Banking Crisis: Pitfalls in Financial Liberalization's Books is rNSeDXeaU9kC, Book which was written byBurkhard Drees,Ceyla Pazarbasiogluhave ETAG "WtQ8sPxMoJY"
Book which was published by International Monetary Fund since 1998-04-20 have ISBNs, ISBN 13 Code is 9781557757005 and ISBN 10 Code is 1557757003
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Book which have "41 Pages" is Printed at BOOK under CategoryBusiness and Economics
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