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2017 | OriginalPaper | Chapter

3. The Introduction of the Riksbank Regulation: 1950–1955

Authors : Mats Larsson, Gabriel Söderberg

Published in: Finance and the Welfare State

Publisher: Springer International Publishing

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Abstract

This chapter discusses the introduction of a new financial regulatory regime in Sweden based on regulations managed by the Swedish central bank, the Riksbank. This chapter analyzes the political background and the game played by the Ministry of Finance, the central bank, and the banks, and how the regulations were created through these negotiations. The analysis contains a detailed discussion concerning the creation of the new regulatory regime and also addresses the important question: should we view the regulations as being forced on the banks from above, or as a process in which special interests were able to capture the regulatory apparatus for their own benefit?

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previous chapter The Transition from the Classical Regime to the Statist Regime: 1900–1950

next chapter Tensions Mount in the Statist Regime: 1955–1960

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Sverige Riksbank årsbok1953.

Sverige Riksbank årsbok 1955.

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Title: The Introduction of the Riksbank Regulation: 1950–1955
Authors: Mats Larsson
Gabriel Söderberg
Publisher: Springer International Publishing
Book: Finance and the Welfare State
Print ISBN: 978-3-319-61850-0

Electronic ISBN: 978-3-319-61851-7

Copyright Year: 2017
DOI: https://doi.org/10.1007/978-3-319-61851-7_3