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Dealing with globalisation: the Nordic countries and inward FDI, 1900–1939

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  • Andreas R. Dugstad Sanders
  • Pål Thonstad Sandvik
  • Espen Storli

Abstract

This article examines the different ways in which the four Nordic countries chose to regulate the inflow of foreign direct investments (FDI). By studying the laws regulating foreign ownership, as well as their implementation, it becomes clear that the four countries followed a pragmatic and tolerant policy towards inward FDI, but that the resource rich countries actively tried to prevent foreign ownership of their most important natural resources. The article also shows how the countries’ stricter policy on foreign ownership in the early twentieth century was not a casualty of World War I, but more predominantly a reaction to the increasing international economic integration before the war.

Suggested Citation

  • Andreas R. Dugstad Sanders & Pål Thonstad Sandvik & Espen Storli, 2016. "Dealing with globalisation: the Nordic countries and inward FDI, 1900–1939," Business History, Taylor & Francis Journals, vol. 58(8), pages 1210-1235, November.
    • Handle: RePEc:taf:bushst:v:58:y:2016:i:8:p:1210-1235
    DOI: 10.1080/00076791.2016.1172568
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    2. Ronald Findlay & Kevin H. O'Rourke, 2007. "Power and Plenty: Trade, War and the World Economy in the Second Millennium (Preface)," Trinity Economics Papers tep0107, Trinity College Dublin, Department of Economics.
    3. Ronald Findlay & Kevin H. O'Rourke, 2007. "Preface to Power and Plenty: Trade, War, and the World Economy in the Second Millennium," Introductory Chapters, in: Power and Plenty: Trade, War, and the World Economy in the Second Millennium, Princeton University Press.
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