European Parliament Library

Nordic Regional Report :, Selected Issues

Abstract
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
Table Of Contents
Cover; CONTENTS; I. NORDIC MODEL; A. Key Features; FIGURES; 1.1. Relative Performance of the Nordic Model; B. The Region in the Global Economy; 1.2. General Government Revenues, Expenditures, and Balances; BOX; 1.1. The Nordic-4 and the Global Network; C. A Large Financial Sector; 1.3. Bank Assets; 1.4. Household Financial Debt; 1.5. Nonfinancial Corporate Debt; II. HOUSE PRICES AND HOUSEHOLD DEBT; A. Background; FIGURES; 2.1. Real House Prices in the Nordics; B. House Price Valuation Gaps; 2.2. Real House Prices and Disposable Income; BOXES; 2.1. Supply Side Constraints
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (42 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781475597066

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