Arbeitspapier

The 1980s financial liberalization in the Nordic countries

The financial liberalization in the four Nordic countries (Denmark, Finland, Norway, and Sweden) that took place mostly in the 1980s led to a major financial crisis in three of those countries. The crises in Finland, Norway, and Sweden are among the deepest financial crises in advanced market economies since World War II. Denmark experienced some banking problems but managed to avoid a systemic crisis. This paper reviews the process of liberalization and discusses the reasons why Finland, Norway, and Sweden drifted into financial and economic crises.

ISBN
978-952-462-831-0
Sprache
Englisch

Erschienen in
Series: Bank of Finland Research Discussion Papers ; No. 36/2012

Klassifikation
Wirtschaft
Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems
Financial Aspects of Economic Integration
Financial Institutions and Services: Government Policy and Regulation
Thema
financial repression
credit rationing
capital account controls
financial deregulation

Ereignis
Geistige Schöpfung
(wer)
Honkapohja, Seppo
Ereignis
Veröffentlichung
(wer)
Bank of Finland
(wo)
Helsinki
(wann)
2012

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Honkapohja, Seppo
  • Bank of Finland

Entstanden

  • 2012

Ähnliche Objekte (12)