Sweden, 1814–1916: First Banking Act in the Nordics

Steffen E. Andersen

Chapter 6 in The Evolution of Nordic Finance, 2011, pp 140-163 from Palgrave Macmillan

Abstract: Abstract By 1814 Sweden was but a shadow of its former self. Finland had been lost, and Norway did not become a Swedish province as Finland had been (cfr. Chapter 5). The quintessence of Sweden’s financial condition was that its currency and government finances were close to dust – like in Denmark in those years. Yet, after half a century of slow growth Sweden managed, between roughly 1880 and 1915, to achieve a remarkable pace of growth and industrialization, which brought the standard of living in Sweden up to a level close to that of Germany, France, and Denmark.

Keywords: Stock Exchange; Limited Liability; Saving Bank; Bond Issue; Share Capital (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-0-230-29925-2_7

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DOI: 10.1057/9780230299252_7

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