The great financial crisis in Finland and Sweden the Nordic experience of financial liberalization

The book compares and contrasts the experiences of Finland and Sweden, then adopts an international perspective, encompassing the experiences of Asia, Latin America, Denmark and Norway. Lessons from the 1990s crisis are drawn, and possible solutions prescribed. The conclusion is that long-term effec...

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Bibliographic Details
Main Author: Kiander, Jaakko
Other Authors: Jonung, Lars, Vartia, Pentti
Format: eBook
Language:English
Published: Cheltenham, U.K Edward Elgar 2009
Subjects:
Online Access:
Collection: Edward Elgar eBook Archive - Collection details see MPG.ReNa
Description
Summary:The book compares and contrasts the experiences of Finland and Sweden, then adopts an international perspective, encompassing the experiences of Asia, Latin America, Denmark and Norway. Lessons from the 1990s crisis are drawn, and possible solutions prescribed. The conclusion is that long-term effects of financial crises--financial liberalization and integration--are not as dramatic as the short-term effects, but may prove to be of greater importance over time. Only the future will show whether these long-term benefits will balance or even outweigh the enormous short-term costs of the crises
pt. I. The crisis of the 1990s in Finland and Sweden -- pt. II. The international context -- pt. III. Lessons from the Nordic crises
Physical Description:xii, 337 p ill
ISBN:9781849802130
9781848443051
1848443056