It takes the average reader and 50 minutes to read The Nordic Banking Crisis by Mr. Burkhard Drees
Assuming a reading speed of 250 words per minute. Learn more
This study examines the banking crises in Finland, Norway and Sweden, which took place in the early 1990s, and draws some policy conclusions from their experiences. One key conclusion is that factors in addition to business cycle effects explain the Nordic countries' financial problems. Although the timing of the deregulation in all three countries coincided with a strongly expansionary macroeconomic momentum, the main reasons for the banking crises were the delayed policy responses, the structural characteristics of the financial systems, and the banks' inadequate internal risk-management controls.
The Nordic Banking Crisis by Mr. Burkhard Drees is 49 pages long, and a total of 12,691 words.
This makes it 17% the length of the average book. It also has 16% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 9 minutes to read The Nordic Banking Crisis aloud.
The Nordic Banking Crisis is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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