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Managing Crises and De-Globalisation (eBook, PDF)

Nordic Foreign Trade and Exchange, 1919-1939

Redaktion: Olsson, Sven-Olof
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As small, open economies the Nordic states have always been more dependent on foreign trade than larger powers, and have thus had a historic preference for free trade. But during the inter-war period the Nordic countries were squeezed between powerful and aggressive trading partners: above all Great Britain and Germany. Although the period between the end of the First World War and 1929 was marked by a return to a liberal world economy, the Great Depression ushered in a decade of protectionism. The bilateralisation of international trade was especially evident after Britain's Ottawa treaties i...

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