IMF Staff Country Reports

Nordic Regional Report: Selected Issues

September 5, 2013

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Nordic Regional Report: Selected Issues, (USA: International Monetary Fund, 2013) accessed September 27, 2024

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.

Subject: Banking, Commercial banks, Covered bonds, Deposit insurance, Disposable income, Financial institutions, Housing, Housing prices, National accounts, Prices

Keywords: Asset price approach, Bank assets, Bank capital buffer, Bank lending, Banking sector, Banking system, Commercial banks, Covered bonds, CR, Disposable income, Fiscal policy, Fund staff calculation, Global, House price, Housing, Housing prices, ISCR, Parent bank, Valuation gap

Publication Details

  • Pages:

    41

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2013/275

  • Stock No:

    1EUREA2013016

  • ISBN:

    9781484391556

  • ISSN:

    1934-7685