Bank of Finland, history, 200 years, central bank, Antti Kuusterä, Juha Tarkka
For two hundred years the Bank of Finland has been at the hub of the nation. At the same time it has acted as a bridge linking Finland to the world economy. The history of the bank has its share of dramatic moments. Political and economic crises have always been reflected at the Bank of Finland.
The history of the Bank over those years has been written by banking historian Antti Kuusterä Ph.D. and Juha Tarkka Ph.D., Advisor to the Board at the Bank of Finland. The books are being published by Otava Publishing Company.
The publication being released on 28 April 2011 is the first of a two-part narrative of the history of the Bank, entitled 'Imperial Cashier to Central Bank'.
The book recounts why Finland was granted it own financial system already half a century before the country gained independence; how the Bank of Finland was the bank to the People's Delegation in the spring of 1918 and how the young Governor of the Bank of Finland, Risto Ryti fought to maintain the value of the markka in the years of the Great Depression of the 1930s.
Part two of the history of the Bank of Finland will be published in 2012.
The book is on sale at the Bank of Finland Museum (in Finnish and in English), from the Otava bookshop and Online Outlet as well from well-stocked bookshops (in Finnish).