On the Resolution of Financial Crises: The Swedish Experience
Sweden was one of the Scandinavian countries experiencing a severe financial crisis In the late 1980s and early 1990s. This paper reviews the policy choices and external factors that pushed the country’s financial system over the edge and then examines the steps the government took to make its resolution of the crisis one of the most successful in the past 30 years.
Suggested citation: Ergungor, O. Emre. 2007. "On the Resolution of Financial Crises: The Swedish Experience," Federal Reserve Bank of Cleveland, Policy Discussion Paper, no. 07-21.