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Freedom for Manoeuvre: The Norwegian Gold Standard Experience, 1874–1914

In: The Gold Standard Peripheries

Author

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  • Lars Fredrik Øksendal

Abstract

For the four decades preceding the commencement of World War I, gold convertibility was the nucleus of Norwegian monetary policy. No monetary regime, neither before nor after, has displayed the same endurance nor been as widely acclaimed. The apparent success notwithstanding, until recently research interest in the Norwegian gold standard experience has been meagre. The received wisdom presented has mirrored the old postulate of Wilhelm Keilhau; that Norway loyally played according to ‘the rules of the game’.1

Suggested Citation

  • Lars Fredrik Øksendal, 2012. "Freedom for Manoeuvre: The Norwegian Gold Standard Experience, 1874–1914," Palgrave Macmillan Studies in Banking and Financial Institutions, in: Anders Ögren & Lars Fredrik Øksendal (ed.), The Gold Standard Peripheries, chapter 3, pages 37-57, Palgrave Macmillan.
    • Handle: RePEc:pal:pmschp:978-0-230-36231-4_3
    DOI: 10.1057/9780230362314_3
    as

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