Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Handeln och betalningarna mellan Sverige och Tyskland 1934-1945: Den svensk-tyska clearingepoken ur ett kontraktsekonomiskt perspektiv
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economic History.
2003 (Swedish)Doctoral thesis, monograph (Other academic)
Abstract [en]

The purpose of this thesis has been to analyse the managing of risks, insecurities and transactions costs that deterred economic exchange during the 1930’s and the 1940’s, within the Swedish-German bilateral clearing system, from a Swedish contractual theoretical perspective. In this thesis it has been shown that the clearing agreement was put in practice in 1934, on initiative of Sweden. In the agreement financial issues associated with risks and insecurities were to be reduced by formalising rules for the economic exchange. The basic principle was that Germany regularly had a trade surplus in relation to Sweden. The surplus was used for re-building the Reichsbank’s monetary reserves, as well as payments on financial claims. The agreement was designed in an incomplete way, to be adjusted ad hoc in a trial and error process. As both parties had different interests, they had to make concessions in order to sustain the clearing system. This was also reflected in the design of the agreement, which evolved from an incomplete to a specific, detailed agreement, due to the increasing risks and insecurities that had to be dealt with.

The clearing system was ideal for wartime conditions since it maintained trade flows. It also became a line of defence: specific agreements allowed the dominant Germany less scope to assert preferential rights of interpretation of the rules and regulations.

When the war intensified it was difficult for Germany to carry out its commitments to Sweden, and the Swedish party found reasons to distrust the German economy, which was entering a recession. At the same time Allied forces strengthened their political influence, and the victors would become the leaders of the future international economy. Sweden made a gradual exit from the clearing system, delivering the agreed upon exports to Germany, while keeping the Allied negotiators informed of the process. The Swedish-German clearing system collapsed in spring 1945.

Place, publisher, year, edition, pages
Uppsala: Acta Universitatis Upsaliensis , 2003. , p. 260
Series
Uppsala Studies in Economic History, ISSN 0346-6493 ; 64
Keyword [en]
Economic history
Keyword [sv]
Ekonomisk historia, Trade and payment agreements, financial systems, managing of risks, bilateralism, clearing agreements, World War II economics
National Category
Economic History
Research subject
Economic History
Identifiers
URN: urn:nbn:se:uu:diva-3550ISBN: 91-554-5693-6 (print)OAI: oai:DiVA.org:uu-3550DiVA, id: diva2:163232
Public defence
2003-09-26, Hörsal 2, Ekonomikum, Uppsala, 10:00
Opponent
Supervisors
Available from: 2003-09-04 Created: 2003-09-04 Last updated: 2010-11-25Bibliographically approved

Open Access in DiVA

fulltext(2119 kB)1015 downloads
File information
File name FULLTEXT01.pdfFile size 2119 kBChecksum SHA-512
1630a468226a84cd92715ef78aec80f2369f1f6c20c3ec3ca4cd671a33c8e4a601b324652fef59fb217b124da5f8f1121ec4e697efb369851496e882948cbf2a
Type fulltextMimetype application/pdf
Buy this publication >>

By organisation
Department of Economic History
Economic History

Search outside of DiVA

GoogleGoogle Scholar
Total: 1015 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

isbn
urn-nbn

Altmetric score

isbn
urn-nbn
Total: 4341 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf