IMF Staff Country Reports

Nordic Regional Report: 2013 Cluster Consultation

September 5, 2013

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Nordic Regional Report: 2013 Cluster Consultation, (USA: International Monetary Fund, 2013) accessed December 12, 2024

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.

Subject: Banking, Commercial banks, Financial crises, Financial institutions, Housing, Housing prices, Mortgages, National accounts, Prices

Keywords: Authority, Baltics, Bank, Commercial banks, Country, Covered bonds bond market, CR, Debt, Distressed bank, Global, Host country decision, Household debt, Housing, Housing prices, ISCR, Mortgages, Risk weight

Publication Details

  • Pages:

    48

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2013/274

  • Stock No:

    1EUREA2013015

  • ISBN:

    9781475589511

  • ISSN:

    1934-7685