Nordic Regional Report : 2013 Cluster Consultation

Publication Date: September 05, 2013
Electronic Access: Free Full text (PDF file size is 1,171KB).
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Summary: This paper examines 2013 Cluster Consultation—a Nordic Regional IMF staff report. Denmark, Finland, Norway, and Sweden that form the Nordic region share a set of strong economic and social institutions and policies, with emphasis on education, high income equality, high employment, innovative and competitive business environment, etc. The IMF report suggests that strong national financial sector policies and regional cooperation would help mitigate common challenges and shared risks. Cooperative regional policies, such as introducing binding macroprudential minima and clear ex ante burden-sharing arrangements are expected to help limit the costs from any large bank failures.
Series: Country Report No. 13/274
Subject(s): Economic integration | Trade integration | Regional shocks | Burden sharing | Cross country analysis | Staff Reports | Press releases | Denmark | Finland | Norway | Sweden

Publication Date: September 05, 2013
ISBN/ISSN: 9781475589511/1934-7685 Format: Paper
Stock No: 1EUREA2013015 Pages: 48
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