Financial crisis of the 1990s in Sweden
GPTKB entity
Statements (36)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb: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 |
| 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
|
| https://www.w3.org/2000/01/rdf-schema#label |
Financial crisis of the 1990s in Sweden
|