6533b7d4fe1ef96bd1263120

RESEARCH PRODUCT

The Great Financial Crisis in Finland and Sweden: The Dynamics of Boom, Bust and Recovery 1985–2000

Lars JonungPentti VartiaJaakko Kiander

subject

Financial liberalizationEconomyBustEconomic sectorFinancial crisisEconomicsOverheating (economics)Boom

description

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.

yearjournalcountryeditionlanguage
2009-08-31
https://doi.org/10.4337/9781849802130.00008