Politics of Debt, War and Peace: Scandinavia 1800-1830
2013 (English)In: Scandinavian Journal of History, ISSN 0346-8755, Vol. 38, no 4, 458-479 p.Article in journal (Refereed) Published
This article explores the dynamic relationship between war finance and economic and political developments in Scandinavia during the period 1800–1830. By comparing the organization of government debt in Denmark-Norway and Sweden, it is shown that the Danish system relied on revenues from trade and consumption, while the Swedish system was heavily influenced by internal political factors such as a divided fiscal authority. The leadership in Copenhagen was committed to maintaining existing relationships with creditors even when faced with severe fiscal constraints, while the Swedish government chose partial defaults as the politically expedient option when faced with fiscal difficulties.
Place, publisher, year, edition, pages
2013. Vol. 38, no 4, 458-479 p.
default, Denmark, government debt, Napoleonic Wars, Norway, Sweden
Research subject History
IdentifiersURN: urn:nbn:se:uu:diva-206021DOI: 10.1080/03468755.2013.817084ISI: 000323473500005OAI: oai:DiVA.org:uu-206021DiVA: diva2:643266