Dutch-Scandinavian Economic Pact
Encyclopedia
The Dutch-Scandinavian Economic Pact of 30 September 1930 was an economic agreement between the governments of the Netherlands
, Denmark
, Norway
and Sweden
. The agreement was designed to coordinate tariff policies and promote trade. The pact was a reaction on the growing economic crisis of the early thirties of the twentieth century.
Netherlands
The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...
, Denmark
Denmark
Denmark is a Scandinavian country in Northern Europe. The countries of Denmark and Greenland, as well as the Faroe Islands, constitute the Kingdom of Denmark . It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark...
, Norway
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
and Sweden
Sweden
Sweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe. Sweden borders with Norway and Finland and is connected to Denmark by a bridge-tunnel across the Öresund....
. The agreement was designed to coordinate tariff policies and promote trade. The pact was a reaction on the growing economic crisis of the early thirties of the twentieth century.
Source
- Nordic Trade Policy in the 1930s
- Barry Eichengreena and Douglas A. Irwin, Trade blocs, currency blocs and the reorientation of world trade in the 1930s, Journal of International Economics , Volume 38, Issues 1-2, February 1995, Pages 1-24