European Parliament Library

Nordic Regional Report :, Selected Issues

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
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (42 p.)
Specific Material Designation
Form Of Item

Library Locations

  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE
  • EP Library Luxembourg

    Rue du Fort Thüngen, Luxembourg, L-1313, LU
  • EP Library Strasbourg

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR