Sveriges Riksbank Press Release

PRESS RELEASE - Governor Urban Backstrom spoke on Saturday at the 5th ACI Nordic Congress in Gothenburg on the topic of "What happened to the new economy?"

"Perhaps it is not so surprising that we now hear less and less about the "new economy" than we did a couple of years ago. Considering how rapidly and extensively prices have fallen on the stock market in general and for IT and telecom shares in particular, one could be inclined to the view that all the talk about the third industrial revol

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