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Central banks under German rule during World War II: The case of Norway

Harald Espeli
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Harald Espeli: Norges Bank (Central Bank of Norway)

No 2012/02, Working Paper from Norges Bank

Abstract: Until the German invasion of Norway 9 April 1940 the Norwegian central bank had been one of the most independent in Western Europe. This article investigates the agency of the Norwegian central bank during the German occupation and compares it with central banks in other German occupied countries. The Norwegian central bank seems to have been more accommodating to German wishes and demands than the central banks in other German occupied countries in Western Europe.

Keywords: Central banks; World War II; German occupation; Norway (search for similar items in EconPapers)
JEL-codes: H56 N44 N94 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2012-03-20
New Economics Papers: this item is included in nep-his and nep-mon
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https://www.norges-bank.no/en/news-events/news-pub ... pers/2012/WP-201202/

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Persistent link: https://EconPapers.repec.org/RePEc:bno:worpap:2012_02

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