A Monetary History of Norway, 1816–2016 (Studies in Macroeconomic History)
Cambridge University Press
Edition: Illustrated, 12/22/2016
EAN 9781107150409, ISBN10: 110715040X
Hardcover, 654 pages, 23.1 x 16 x 3.3 cm
Language: English
This book provides a broad overview of monetary developments in Norway over the past 200 years, using a rich variety of graphical illustrations based on a unique data set of historical monetary statistics, which will be documented and made available on the Norges Bank website (in English) at http://www.norges-bank.no/en. Throughout the book, Norway's monetary developments are anchored in a historical context and in the development of monetary thinking. Through their analysis of the historical data, the authors provide new insights and comparisons to other Scandinavian countries, along with an excellent examination of the development and character of the banking and financial system in Norway.
Preface
1. A monetary history in five parts
Part I. The Long Promise, 1814–50
2. The Dano-Norwegian monetary system before 1816
3. The thorny road to resumption, 1816–48
Part II. The Rise of Private Deposit Taking Banks, 1850–1914
4. Newfound stability in times of crisis, 1848–70
5. Volatility and stability in the time of gold, 1870–92
6. Stability in times of crisis and growth, 1892–1914
Part III. World War I and Turbulent Interwar Years, 1914–40
7. The wartime money glut, 1914–20
8. Bank crises and resumption of pre-war gold parity, 1920–8
9. The early escape from the golden fetters, 1928–40
Part IV. Money in Times of War, Central Planning and Regulation, 1940–86
10. Extreme liquidity creation during the occupation years 1940–5
11. Money in a new world, 1945–55
12. The era of corporative policy and regulation, 1955–71
13. From regulation to markets, 1971–86
Part V. The Long Return, 1986–2016
14. A decade of crises and reforms, 1986–98
15. Inflation targeting - overcoming the fear of floating, 1998–2016
16. The future of money seen from the past
Bibliography
Index.