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Banks and Crisis: Sweden during 150 years

​All along history, economic and financial crises occur at irregular intervals, usually without previous warning. However, even though there are indicators or phenomena that should remind us of the presence of the crisis, actors go on working as if these signs id not exist. For, in general, nobody relly wants a crisis.

In this paper, we are not going to discuss crises in general, but only some example of crises that have stuck the Swedish banking system during the past 150 years. The central idea is to observe how crises have affected different types of banking institutions, and if there are specific characteristics that distinguish those banks which turn out to be better prepared to survive the course of the crisis.

To read the full essay, please click here (.pdf)

 


 To cite this article:

 

ANDERSSON (Mats), RODRIGUEZ (Enrique)(2013): Banks and Crisis: Sweden during 150 years. ESBG Perspectives n°66, pp. 99-129. 

 

Financial History
Mats Andersson, Enrique Rodriguez
Mats Andersson, Archivist, Swedbank
Enrique Rodriguez, Professor, Royal Institute of Technology of Stockholm