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Résumé anglais |
The article examines the issue of Swedish neutrality between 1940 and 1945 from the perspective of monetary sovereignty and the role played in this respect by the Swedish central bank, the Riksbanken. Faced with pressure from the Reich, the economy of Sweden was fully integrated into the German war effort from April 1940. But in 1944, the changing balance of military power was in its favour and in 1945 it took advantage of its comfortable economic and financial situation to implement an ambitious strategy that was supposed to contribute to the economic and political reconstruction of its neighbours, both in the West and in the East, and thus to peace. But this strategy soon came up against the geopolitical choices of the American Congress, which also considered that having traded with Germany during the war meant having been its accomplices. The conclusion underlines the very active role of the Riksbanken and its president Dag Hammarskjöld, the profound innovations introduced by the war in the management of public finances and the extent to which Swedish sovereignty was dependent on changes on the international scene. |