Financial crisis of the 1990s in Sweden

GPTKB entity

Statements (36)
Predicate Object
gptkbp:instanceOf economic crisis
gptkbp:alsoKnownAs Swedish banking crisis
gptkbp:cause high interest rates
deregulation of credit markets
real estate bubble burst
gptkbp:citation IMF reports
Swedish government white papers
gptkbp:country gptkb:Sweden
gptkbp:currency gptkb:Swedish_krona
gptkbp:currencyEvent devaluation of Swedish krona
gptkbp:effect gptkb:public_policy
bank failures
nationalization of banks
rise in unemployment
sharp fall in GDP
gptkbp:endDate 1994
gptkbp:governmentResponse recapitalization of banks
creation of asset management companies
guarantee of all bank deposits and creditors
https://www.w3.org/2000/01/rdf-schema#label Financial crisis of the 1990s in Sweden
gptkbp:impact influenced future financial crisis management
used as model for later bailouts
gptkbp:notablePerson gptkb:Bo_Lundgren
gptkb:Carl_Bildt
gptkb:Ingvar_Carlsson
gptkbp:notablePlace gptkb:SEB
gptkb:Handelsbanken
gptkb:Nordbanken
Götabanken
gptkbp:relatedEvent European Exchange Rate Mechanism crisis
Nordic banking crisis
Swedish housing bubble
gptkbp:restored mid-1990s
gptkbp:startDate 1990
gptkbp:bfsParent gptkb:Economic_history_of_Sweden
gptkbp:bfsLayer 7