By Steffen Elkiær Andersen
This ebook explores the formation and evolution of Scandinavian important banks. It starts by means of defining the character of “central banking” regularly, sooner than relocating directly to examine how and while it grew to become significant to treat today’s Scandinavian principal banks as such. It additionally explores how Scandinavian significant banks have conformed to the outlined beliefs of “central banks” during the last a hundred years, clarifying the differences among advertisement banks and primary banks, and among imperative banks and departments of governments. the writer indicates how the outbreak of the nice struggle used to be the catalyst which essentially reworked the initially basically advertisement banks into “central banks”. The ebook additionally analyses how diverse the 3 Scandinavian important banks are, how those alterations could be defined through the several political and monetary conditions surrounding their unique formation, and the variations within the political environments within which they later developed.