The great financial crisis in Finland and Sweden - The dynamics of boom, bust and recovery, 1985-2000

This paper explores the anatomy of the boom, deep depression and recovery in the Finnish and Swedish economies in the period 1985-2000. These fifteen years are divided into three phases: (1) financial liberalization and the boom and the overheating of 1985-90, (2) the outbreak and spread of the crisis to all sectors of the economy in 1990-92, and (3) the recovery 1993-2000. Each period is analyzed separately.

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Year of publication:	2008-12
Authors:	Jonung, Lars ; Kiander, Jaakko ; Vartia, Pentti
Institutions:	Directorate-General Economic and Financial Affairs, European Commission
Subject:	Financial crisis \| financial liberalization \| boom \| bust \| depreciation \| Finland \| Sweden \| Jonung \| Kiander \| Vartia \| The great financial crisis in Finland and Sweden \| The dynamics of boom \| bust and recovery \| 1985-2000

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Extent:	application/pdf
Series:	European Economy - Economic Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 350 72 pages
Classification:	E32 - Business Fluctuations; Cycles ; E44 - Financial Markets and the Macroeconomy ; E63 - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization ; F32 - Current Account Adjustment; Short-Term Capital Movements ; F34 - International Lending and Debt Problems ; G33 - Bankruptcy; Liquidation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008577466