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Growth Barriers in Preindustrial Sweden

There have been many explanations for why Sweden went from being a poor developing country to one of the most developed countries in the world between 1860 and 1960. Few of these have pointed at political institutions as a key factor. In this project, we show that the implementation of an important political institution (formal plutocracy) played a decisive role in the transformation of Sweden. Plutocracy undermined the previous hegemony of landowners, and Sweden could start its industrial revolution.

Project manager
Björn Tyrefors

+46 (0)8 665 4521
+46 (0)70 467 8003

Project participants
Erik Lindgren

Per Pettersson-Lidbom

Björn Tyresfors

Financed by: The Swedish Research Council.