Tuesday, September 23, 2008

READINGS ON THE SWEDISH BANKING CRISIS

There are several excellent papers in English on the Swedish banking crisis. Probably the most often quoted are:

Englund, Peter: The Swedish Banking Crisis: Roots and Consequences. Oxford review of economic policy, vol 15, no 3 1999.

Ingves, Stefan: The Management of the Bank Crisis – In Retrospect. Quarterly Review 1996:1. Sveriges Riksbank.

Andersson, M., Viotti, S.: Managing and Preventing Financial Crises- Lessons from the Swedish Experience. Quarterly Review 1999:1. Sveriges Riksbank.

Other interesting papers and speeches are:

Ending The Banking Support. Ministry of Finance. Memo Ds 1995:67

Drees, B., Pazarbasioglu, C. : The Nordic Banking Crisis: Pitfalls in Financial Liberation. Occasional paper 161, IMF 1998.

Bäckström, Urban: Financial Crises: the Swedish experience. Speech November 1998. Sveriges Riksbank

Heikensten, Lars: Financial Crisis - Experiences from Sweden. Speech July 1998. Sveriges Riksbank

Ingves, Stefan: The Nordic Banking Crisis from an International Perspective. Speech Oslo, September 11, 2002

Bergström, C., Englund, P., Thorell, P.: Securum and the Way out of the Swedish Banking Crisis. SNS 2003

Ingves, Stefan: Can the Authorities Manage Crisis in the Financial System? Speech March 2008. Sveriges Riksbank.

Lundgren, Bo: How to tackle a financial crisis - The case of Sweden in the 1990s. Speech notes September, 2008

Bildt, Carl: Sweden´s crash and recovery. International Herald Tribune 28 September, 2008

Another new paper comparing banking crisis is:

Reinhart, C., Rogoff, K.: Is the 2007 U.S. Sub-Prime Financial Crisis So Different? An International Historical Comparison

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