Nordic Regional Report : Selected Issues

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

September 5, 2013

Electronic Access:

Free Full text (PDF file size is 964 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Selected Issues paper elaborates findings and discussions of 2013 Cluster Consultation Nordic Regional report. The countries have close economic and financial ties and face some common challenges and shared risks, such as large banking sectors and high household debt. The economic performance of the four continental Nordic economies (Denmark, Finland, Norway, and Sweden—Nordic-4) ranks among the advanced economic development circle. It is analyzed that the large Nordic banking systems support relatively high levels of private sector debt. House price developments in the Nordic-4 pose a risk to broader macroeconomic stability in the context of strained household balance sheets.

Series:

Country Report No. 13/275

Subject:

English

Publication Date:

September 5, 2013

ISBN/ISSN:

9781484391556/1934-7685

Stock No:

1EUREA2013016

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

41

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