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Swedish banks are sensitive to international disturbance
Monday, 21 November 2011
Sweden's financial system is particularly sensitive to disturbance in the international capital markets because Swedish banks have large assets and debts abroad.

This is the assessment made by a recent evaluation of how the Swedish central bank or Riksbank handled the financial crisis.
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Openness to the outside world has many benefits but also means more risk, the researchers write in the report, which was presented at a seminar in Stockholm on Monday.

Researchers believe that the different support measures during the crisis "on the whole was conducted in a timely and efficient manner." It mitigated the crisis on the Swedish financial system, considered the three researchers.

The three researchers are Torbjorn Becker, at the Stockholm Institute of Transition Economics, Ralph Bryant, at the Brookings Institution, and Dale Henderson, a professor at Georgetown University in Washington.
By Scancomark.se Team



































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