A Land of Milk and Butter


Book Description

How and why does Denmark have one of the richest, most equal, and happiest societies in the world today? Historians have often pointed to developments from the late nineteenth century, when small peasant farmers worked together through agricultural cooperatives, whose exports of butter and bacon rapidly gained a strong foothold on the British market. This book presents a radical retelling of this story, placing (largely German-speaking) landed elites—rather than the Danish peasantry—at center stage. After acquiring estates in Denmark, these elites imported and adapted new practices from outside the kingdom, thus embarking on an ambitious program of agricultural reform and sparking a chain of events that eventually led to the emergence of Denmark’s famous peasant cooperatives in 1882. A Land of Milk and Butter presents a new interpretation of the origin of these cooperatives with striking implications for developing countries today.







The Oxford Handbook of Danish Politics


Book Description

The Oxford Handbook of Danish Politics provides the most comprehensive and thorough English language book on Danish politics ever written. It features chapters by 50 leading experts who have contributed extensively to the field they write about. Why is Denmark an interesting topic for a Handbook? In some respects, Danish political institutions and political life are very similar to that of other small, North European countries such as the other Scandinavian countries and Netherland. However, in other respects, Danish politics is interesting in its own right. For instance, Denmark has a world record in minority governments. According to standard scholarly knowledge, this should result in unstable governments and a bad economy. This is not the case, however, since Denmark has a rather stable political system and a strong and robust economy among the strongest in Europe. How? The Danes have continued reservations towards the EU despite close to 50 years of EC/EU membership, and the Danes rejected the Maastricht Treaty in 1992. Still, the EU issue is handled in ways that do not call for large political battles. How? A third example is that Denmark used to be known as a tolerant and liberal society; its Jews were almost all saved during German occupation during WWII, Denmark was the first country to free pornography, and the first country to formally register same-sex couples. Yet recent Danish politics has also been associated with xenophobia and anti-Muslim sentiments. Why?




A Monetary History of Norway, 1816–2016


Book Description

This book provides a broad overview of monetary developments in Norway over the past 200 years, using a rich variety of graphical illustrations based on a unique data set of historical monetary statistics, which will be documented and made available on the Norges Bank website (in English) at http://www.norges-bank.no/en. Throughout the book, Norway's monetary developments are anchored in a historical context and in the development of monetary thinking. Through their analysis of the historical data, the authors provide new insights and comparisons to other Scandinavian countries, along with an excellent examination of the development and character of the banking and financial system in Norway.




An Economic History of Europe


Book Description

The second edition of a leading textbook on European economic history, updated throughout and with new coverage of post-financial crisis Europe.







An Economic History of Sweden


Book Description




A History of Denmark


Book Description

In this introductory guide, Knud Jespersen traces the process of disintegration and reduction that helped to form the modern Danish state, and the historical roots of Denmark's international position. Beginning with the Reformation in the sixteenth century, Jespersen explains how the Denmark of today was shaped by wars, territorial losses, domestic upheavals, new methods of production, and changes in thought. Focusing on the interplay between history, politics and economics, this illuminating text offers an insider's view of Danish identity formation over the last centuries. This engaging textbook is an ideal resource for undergraduate and postgraduate students taking courses on Danish, Scandinavian or Nordic History. Concise and accessible, it will also appeal to anyone interested in gaining a clear understanding of the development of Denmark.




The Nordic Secret


Book Description




Negative Interest Rate Policy (NIRP)


Book Description

More than two years ago the European Central Bank (ECB) adopted a negative interest rate policy (NIRP) to achieve its price stability objective. Negative interest rates have so far supported easier financial conditions and contributed to a modest expansion in credit, demonstrating that the zero lower bound is less binding than previously thought. However, interest rate cuts also weigh on bank profitability. Substantial rate cuts may at some point outweigh the benefits from higher asset values and stronger aggregate demand. Further monetary accommodation may need to rely more on credit easing and an expansion of the ECB’s balance sheet rather than substantial additional reductions in the policy rate.