Nordic Regional Report: 2013 Cluster Consultation

Publication Date:

September 5, 2013

Electronic Access:

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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. 2013/274

Subject:

English

Publication Date:

September 5, 2013

ISBN/ISSN:

9781475589511/1934-7685

Stock No:

1EUREA2013015

Pages:

48

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