The Introduction of the Riksbank Regulation: 1950–1955
Mats Larsson () and
Gabriel Söderberg ()
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Mats Larsson: Uppsala University
Chapter Chapter 3 in Finance and the Welfare State, 2017, pp 43-64 from Palgrave Macmillan
Abstract:
Abstract This chapter discusses the introduction of a new financial regulatory regime in Sweden based on regulations managed by the Swedish central bank, the RiksbankRiksbank . This chapter analyzes the political background and the game played by the Ministry of Finance, the central bank, and the banks, and how the regulations were created through these negotiations. The analysis contains a detailed discussion concerning the creation of the new regulatory regime and also addresses the important question: should we view the regulations as being forced on the banks from above, or as a process in which special interests were able to capture the regulatory apparatus for their own benefit?
Keywords: The Riksbank; Riksbank regulation; Banks; Insurance companies; Social Democracy (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psitcp:978-3-319-61851-7_3
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DOI: 10.1007/978-3-319-61851-7_3
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