Norges Bank and the Four Criteria
Steffen Elkiær Andersen
Chapter 5 in The Origins and Nature of Scandinavian Central Banking, 2016, pp 69-79 from Palgrave Macmillan
Abstract:
Abstract For about 400 years Denmark and Norway had constituted a dual kingdom with the Danish kings as heads of state. In Norway, the king was represented by a statholder (governor) and a local administration residing in Christiania (spelt Kristiania since 1877, and renamed Oslo in 1925). The local administration was comprised mostly of civil servants educated in Copenhagen and recruited from the Danish central administration. The local administration would collect taxes, customs, and duties and remit the proceeds to Copenhagen where these incomes would contribute to the joint defenses and administration of the kingdoms.
Keywords: Central Bank; Civil Servant; Local Administration; Foreign Exchange Market; Mortgage Loan (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-3-319-39750-4_5
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DOI: 10.1007/978-3-319-39750-4_5
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