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Bankruptcies in Sweden, 1774–1849: Causes and structural differences
Södertörn University, School of Social Sciences, Business Studies. Södertörn University, School of Social Sciences, ENTER forum.ORCID iD: 0000-0003-0426-7936
Södertörn University, School of Social Sciences, Business Studies. Södertörn University, School of Social Sciences, ENTER forum.
Södertörn University, School of Social Sciences, Economics.ORCID iD: 0000-0003-3747-9038
2020 (English)In: Luxury, Fashion and the Early Modern Idea of Credit / [ed] Klas Nyberg; Håkan Jakobsson, London: Routledge, 2020, 1, p. 62-75Chapter in book (Refereed)
Abstract [en]

In 1771, the first Swedish academic thesis on bankruptcy and insolvency was defended by Carl Bergström at Uppsala University. In this and other contemporary Swedish publications on the topic, shortcomings in the debtor’s character including gambling, dishonesty, fraudulent behaviour and a disposition for speculation were mentioned as major causes for bankruptcies. The idea that a debtor also was a swindler, and should be severely punished, was spread by Italian merchants to, above all, France, Spain, England and Germany. The moralising causal explanation for bankruptcy can be questioned from a social science research perspective. Based on modern literature, we can see many reasons for why a trader, shopkeeper or an artisan had to file for bankruptcy. An economic shock is an event that occurs outside of an economy and produces significant change within an economy.

Place, publisher, year, edition, pages
London: Routledge, 2020, 1. p. 62-75
National Category
Economic History
Research subject
Politics, Economy and the Organization of Society; Baltic and East European studies
Identifiers
URN: urn:nbn:se:sh:diva-42941DOI: 10.4324/9780429318979-7ISBN: 9780367332693 (print)ISBN: 9780429318979 (electronic)OAI: oai:DiVA.org:sh-42941DiVA, id: diva2:1510384
Part of project
Firm demography and entrepeneurship in Eastern and Central Europe and in the Baltic region, The Foundation for Baltic and East European Studies
Funder
The Foundation for Baltic and East European Studies, 63/2015Available from: 2020-12-16 Created: 2020-12-16 Last updated: 2021-02-26Bibliographically approved

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Box, MarcusGratzer, KarlLin, Xiang

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CiteExportLink to record
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Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • harvard-anglia-ruskin-university
  • apa-old-doi-prefix.csl
  • sodertorns-hogskola-harvard.csl
  • sodertorns-hogskola-oxford.csl
  • Other style
More styles
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  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
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