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Author Lie, Einar, 1965- author.

Title Norges Bank : 1816-2016 / Einar Lie ; in cooperation with Jan Thomas Kobberrød, Gjermund Forfang Rongved and Eivind Thomassen
Published Oxford ; New York, NY : Oxford University Press, 2020
©2020

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Description 1 online resource (337 pages)
Contents Cover -- Norges Bank 1816-2016 -- Copyright -- Preface and Acknowledgements -- Contents -- List of Figures -- Introduction: Norges Bank 1816-2016 -- The Parliament's Bank -- Master in Its Own House-and That of Others -- The Government's Bank -- A Central Bank in an Open Parvenu State -- 1: A Bank of Issue Forged in Silver and Tears -- The Chaotic Monetary System -- Models and Inspirations -- Fear of Speculation and 'Jew-houses' -- The Decision to Create Norges Bank is Taken -- The Silver Fund, the Crisis, and Union Politics -- Timetable Abandoned -- Conclusion
2: A Bank with a Divided Mandate -- A Regional Bank in a Regional Nation -- Conversion at Par Becomes a Distant Goal -- Criticism of the Failure to Achieve Parity -- Norges Bank as Mortgage Bank -- A Conclusion of the Road to Parity -- 3: A Relieved Norges Bank -- The Government and the Bank of Issue -- More Banks -- Norges Bank in the Shadow of the February Revolution -- Commercial Banks Emerge -- 1857: Bad News Travels Fast -- Conclusion -- 4: Gold and Coins in the Age of Standardization -- Norges Bank and Silver in the International System -- Gold and Universal Coin
Towards a Distinctive Scandinavian System -- The Coin Issue and Politics -- The Coinage Union -- The Global Gold Standard -- Norges Bank in the International System -- 5: A Bankers' Bank -- Gold Reserves and Note Reserves in an Expanding State -- Legislative Work in a Period Marked by Political Party Conflict -- The Liberal Party Tightens its Grip on Government and Norges Bank -- A Central Bank? -- The Act of 1892 -- Employment Requires Professional Expertise -- The Kristiania Boom and Norges Bank's Foot Dragging -- Liquidity Support and Bank Rescue Plans -- The New Central Bank
6: Blurring the Borders: The Bank During the First World War -- Panic and Central Bank Independence -- Into the Government's Fold -- Easy Money and a Difficult Balancing Act -- Failed Attempts at Retrenchment -- When the Party is Over -- 7: The Pyrrhic Victories of the 1920s -- Rationale for Parity -- Contraction and Crises in Business and Banking -- The Collapse of the Banking Sector -- Back on the Road to Pre-War Parity -- Threat from the Labour Party -- Parity Policy's Rescue and the Organization Securitas -- Fall of the Labour Party Government and Fulfilment of the Parity Policy Goal
A Victory More Costly than Pyrrhus' -- 8: The 1930s Crisis: Collapse and Zenith -- Gold is Abandoned -- Rescue Operation for DnC and Bergen Privatbank -- On an Autonomous Course -- Into the Sterling Block -- Rygg, His Resources and Network -- The Nygaardsvold Government and Norges Bank -- 9: Occupation and Loss of Autonomy -- The Coming of War -- Financing the German Occupation -- The Occupation Account in Practice -- Ræstad and Keilhau -- A Tightening of the Reins -- Norges Bank and the Bretton Woods System -- A New Era -- New Exchange Rate and Monetary Reform -- The Recovery that Never Was
Summary Norges Bank has been an integrated part of Norwegian economic development since the complicated birth of the new nation-state after the Napoleonic wars. This book traces its 200-year history, focusing on its relations with political institutions that have shaped and reshaped the bank's role since its establishment in 1816
Bibliography Includes bibliographical references and index
Notes Conclusion
Online resource; title from digital title page (viewed on April 28, 2020)
Subject Norges bank -- History
SUBJECT Norges bank fast
Norges Bank gnd
Subject Banks and banking, Central -- Norway -- History
Banks and banking, Central
Norway
Genre/Form History
Form Electronic book
Author Kobberrød, Jan Thomas, 1973- author.
Rongved, Gjermund Forfang, 1980- author.
Thomassen, Eivind, 1986- author.
ISBN 9780192603869
0192603868
9780192603876
0192603876
9780191892387
0191892386