Maintaining Financial Stability in an Open Economy: Sweden in the Global Crisis and Beyond
Published on: Thursday 19 January 2012
During the global financial crisis, Swedish policymakers took extraordinary measures to prevent a catastrophic financial meltdown. Ralph Bryant and co-authors evaluate Sweden’s measures and place them in the context of major financial issues facing all countries, emphasizing the openness of Sweden’s financial system, their vulnerabilities to shocks abroad, and policy actions that, looking ahead, can mitigate crisis strains and improve financial stability.
