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Lessons from Financial Liberalisation in Scandinavia

Jonung, Lars LU (2008) In Comparative Economic Studies 50(4). p.564-598
Abstract
The causes and consequences of the financial crises in the Nordic countries in the early are examined and lessons from this episode are extracted. The focus is on the boom–bust episode in Finland, Norway and Sweden as these three economies went into a deep recession. The lessons from the Scandinavian experience are organised under three headings: (i) how to liberalise without causing a boom–bust cycle, (ii) how to deal with a financial crisis, and (iii) the long-run effects of financial integration on stabilisation policies, growth and the distribution of income and wealth.
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author
publishing date
type
Contribution to journal
publication status
published
subject
in
Comparative Economic Studies
volume
50
issue
4
pages
35 pages
external identifiers
  • scopus:68049089964
DOI
10.1057/ces.2008.34
language
English
LU publication?
no
id
7e8570c8-2c45-4098-ad9a-67080b109486
alternative location
https://www.scopus.com/inward/record.uri?eid=2-s2.0-68049089964&doi=10.1057%2fces.2008.34&partnerID=40&md5=64ac9dc977c833bc46902a324561fd51
date added to LUP
2017-02-23 10:27:36
date last changed
2017-10-16 09:55:34
@article{7e8570c8-2c45-4098-ad9a-67080b109486,
  abstract     = {The causes and consequences of the financial crises in the Nordic countries in the early are examined and lessons from this episode are extracted. The focus is on the boom–bust episode in Finland, Norway and Sweden as these three economies went into a deep recession. The lessons from the Scandinavian experience are organised under three headings: (i) how to liberalise without causing a boom–bust cycle, (ii) how to deal with a financial crisis, and (iii) the long-run effects of financial integration on stabilisation policies, growth and the distribution of income and wealth.},
  author       = {Jonung, Lars},
  language     = {eng},
  number       = {4},
  pages        = {564--598},
  series       = {Comparative Economic Studies},
  title        = {Lessons from Financial Liberalisation in Scandinavia},
  url          = {http://dx.doi.org/10.1057/ces.2008.34},
  volume       = {50},
  year         = {2008},
}