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Reform capacity and macroeconomic performance in the Nordic countries
Authors: --- --- ---
ISBN: 9780191785740 0191785741 9780191026645 0191026646 Year: 2015 Publisher: Oxford : Oxford University Press,

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Abstract

The outbreak of the financial crisis in 2008 has had significant effects on economic activity, unemployment, and public finances for all European countries. However, European economies do not form a homogenous region, and any serious analysis of macroeconomic imbalances in Europe must account for the fact that different economic and political models and circumstances operate across the continent. This book focuses on the Nordic countries which have a relatively good record of undertaking fiscal and structural reforms after their own financial and debt crises in the 1980s and 1990s.

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