The Scandinavian Currency Union 1875–1914

Ingrid Henriksen and Niels Kærgård

Chapter 4 in International Monetary Systems in Historical Perspective, 1995, pp 91-112 from Palgrave Macmillan

Abstract: Abstract The Scandinavian Currency Union is sometimes considered the most successful of the monetary unions established in Europe during the latter half of the nineteenth century.2 Following Bartel (1974: 703): ‘It was an important precursor to the attempts at international monetary cooperation which were to come after the Second World War.’ This chapter offers a re-examination of the Union, its background and its working until its breakdown under the strains of the First World War. The findings of the present analysis are more ambiguous than the above statements when it comes to evaluating the Union. While clearly successful as a currency union, its performance as an economic union was less convincing.

Keywords: Monetary Policy; Discount Rate; Central Bank; Monetary Union; Scandinavian Country (search for similar items in EconPapers)
Date: 1995
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-24220-7_5

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349242207

DOI: 10.1007/978-1-349-24220-7_5

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().