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

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The Gold Standard Peripheries

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

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© 2012 Lars Fredrik Øksendal

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Øksendal, L.F. (2012). Freedom for Manoeuvre: The Norwegian Gold Standard Experience, 1874–1914. In: Ögren, A., Øksendal, L.F. (eds) The Gold Standard Peripheries. Palgrave Macmillan Studies in Banking and Financial Institutions. Palgrave Macmillan, London. https://doi.org/10.1057/9780230362314_3

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