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The Swedish model for resolving the banking crisis of 1991-93: Is it useful today?

Jonung, Lars LU (2009) In VOXEU
Abstract (Swedish)
Sweden's fix of its banks in the early 1990s is considered a model for today’s policymakers. This column reviews the main features of the Swedish approach and discusses its applicability to today’s banking problems. Policy must be carried out swiftly and openly, aiming at saving banks, not their owners or managers.
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VOXEU
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English
LU publication?
yes
id
e2e2203c-723a-46f7-8bfa-5a4614e5f544
alternative location
https://voxeu.org/article/how-fix-banks-lessons-sweden
date added to LUP
2020-02-03 16:10:22
date last changed
2020-02-04 11:56:57
@misc{e2e2203c-723a-46f7-8bfa-5a4614e5f544,
  abstract     = {Sweden's fix of its banks in the early 1990s is considered a model for today’s policymakers. This column reviews the main features of the Swedish approach and discusses its applicability to today’s banking problems. Policy must be carried out swiftly and openly, aiming at saving banks, not their owners or managers.},
  author       = {Jonung, Lars},
  language     = {eng},
  month        = {03},
  series       = {VOXEU},
  title        = {The Swedish model for resolving the banking crisis of 1991-93: Is it useful today?},
  url          = {https://voxeu.org/article/how-fix-banks-lessons-sweden},
  year         = {2009},
}