Sveriges Riksbank and the Four Criteria
Steffen Elkiær Andersen
Chapter 8 in The Origins and Nature of Scandinavian Central Banking, 2016, pp 121-148 from Palgrave Macmillan
Abstract:
Abstract Since its foundation in 1668, the Riksbank had been governed by the six “fullmägtige”, appointed by and representing the three guaranteeing estates (two from each estate––see Chap. 3 ). They had a role comparable to non-executive directors. The practical daily affairs were taken care of by six “kommissarier”, each reporting to the relevant fullmägtiga. Some fullmägtige were members of the Assembly of the Estates, but mostly they were not. They reported to the “Sekrete Utskott”, (the “Secret Commission”) i.e. the commission of the Estates dealing with secret matters of state.
Keywords: Interest Rate; Monetary Policy; Central Bank; Commercial Bank; Finance Minister (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_8
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DOI: 10.1007/978-3-319-39750-4_8
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