| Author (Corporate) | European Commission: DG Economic and Financial Affairs |
|---|---|
| Series Title | European Economy: Economic Papers |
| Series Details | No. 360, February 2009 |
| Publication Date | February 2009 |
| ISBN | 978-92-79-0970 |
| ISSN | 1725-3187 |
| EC | KC-AI-09-360-EN-N |
| Content Type | Journal | Series | Blog, Report |
|
This study presents the main features of the Swedish approach for resolving the banking crisis of 1991-93 by condensing them into seven policy lessons. The main features of the Swedish approach to the banking crisis of 1991-93 concern - political unity, - a government blanket guarantee, - swift policy action, - an adequate legal and institutional framework, - full disclosure of information, - a differentiated resolution policy, and - the proper design of macroeconomic policies. |
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| Source Link | http://ec.europa.eu/economy_finance/publications/publication_summary14130_en.htm |
| Countries / Regions | Sweden |
