Finance and the Welfare State

Banking Development and Regulatory Principles in Sweden, 1900–2015

  • Mats Larsson
  • Gabriel Söderberg

Part of the Palgrave Studies in the History of Finance book series (PSHF)

Table of contents

  1. Front Matter
    Pages i-xi
  2. Mats Larsson, Gabriel Söderberg
    Pages 1-17
  3. Mats Larsson, Gabriel Söderberg
    Pages 43-64
  4. Mats Larsson, Gabriel Söderberg
    Pages 65-74
  5. Mats Larsson, Gabriel Söderberg
    Pages 75-98
  6. Mats Larsson, Gabriel Söderberg
    Pages 99-122
  7. Mats Larsson, Gabriel Söderberg
    Pages 135-146
  8. Back Matter
    Pages 147-149

About this book


This book explores the Swedish experience of banking development, regulation and financial crisis from 1900 to 2015. It puts the experiences of the past in the context of today’s debate on the future of banking, and argues that the experiences of the Global Financial Crisis that started in 2007 warrants new understandings of the role of bank regulation. The book also analyses how shifts in bank regulations are usually part of more general policy shifts in society, which are in turn connected to both pragmatic and ideological considerations. In the case of Sweden the shift towards more  extensive bank regulations after World War II was closely related to the development of the welfare state. Such shifts in policy and regulations are generally international, and the book also explores how the Swedish national policy has interacted with international developments. 

Mats Larsson is Professor of Economic History at Uppsala University, and Head of Uppsala Centre for Business History, Sweden. He is a member of the editorial board of the Business History journal.

Gabriel Söderberg is a researcher in the Department of Economic History at Uppsala University, Sweden.


Banking Bank regulation Shadow banking Swedish financial markets Deregulation Bank Competition Financial stability Monetary policy

Authors and affiliations

  • Mats Larsson
    • 1
  • Gabriel Söderberg
    • 2
  1. 1.Department of Economic HistoryUppsala UniversityUppsalaSweden
  2. 2.UppsalaSweden

Bibliographic information

Industry Sectors
Finance, Business & Banking