Free Trade in the Nordic Countries

Hannes H. Gissurarson

doi:10.1007/978-3-031-67656-7_22

Free Trade in the Nordic Countries

Hannes H. Gissurarson

Faculty of Political Science

University of Iceland

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

Abstract

The success of the Nordic countries rests on three pillars, the rule of law, free trade and social cohesion. Already in the thirteenth century, Icelandic chronicler Snorri Sturluson described the benefits of free trade. In 1765, Fenno-Swedish pastor Anders Chydenius presented a cogent defence of economic freedom. In the nineteenth century, the Nordic countries were governed by economic liberals who laid the foundations for their future prosperity. Danish pastor N. F. S. Grundtvig was an influential spokesman for economic freedom. So were Swedish economists Gustav Cassel and Eli F. Heckscher in the early twentieth century. Even if Social Democrats were often in power in the Nordic countries, they did not abandon free trade or the rule of law. The Nordic economies are still relatively free.

Original language	English
Title of host publication	Free Trade in the Twenty-First Century
Subtitle of host publication	Economic Theory and Political Reality
Publisher	Springer Science + Business Media
Pages	405-427
Number of pages	23
ISBN (Electronic)	9783031676567
ISBN (Print)	9783031676550
DOIs	https://doi.org/10.1007/978-3-031-67656-7_22
Publication status	Published - 1 Jan 2025

Bibliographical note

Publisher Copyright: © The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2025.

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10.1007/978-3-031-67656-7_22

Cite this

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Free Trade in the Nordic Countries

Abstract

Bibliographical note

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