The Nordic Banking Crises : Pitfalls in Financial Liberalization? »
Journal Issue
Volume/Issue: 1995/61
Series: IMF Working Papers
Author(s): Burkhard Drees , and Ceyla Pazarbasioglu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 1995
DOI: http://dx.doi.org/10.5089/9781451848113.001
ISBN: 9781451848113
Keywords: banking, bank lending, financial liberalization, savings bank, financial system
This paper examines the recent banking crises in Finland, Norway and Sweden in an attempt to draw some policy conclusions from their experiences. In all three countries, the timing of deregulation coincided with a...