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

  • Steffen E. Andersen
Chapter
Part of the Palgrave Macmillan Studies in Banking and Financial Institutions book series (SBFI)

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 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Steffen E. Andersen 2011

Authors and Affiliations

  • Steffen E. Andersen

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