Currency Flexibility vs. Monetary Union: A Comparative Study of Sweden and Finland’s Export Performance During the 2008 Financial Crisis
This thesis compares how Sweden and Finland’s contrasting exchange rate regimes shaped their export sector performance during the 2008 Global Financial Crisis. While both are small, open Nordic economies, Sweden maintained a floating currency and independent monetary policy, whereas Finland adopted the euro and ceded monetary control to the European Central Bank. The study evaluates export revenue
