Roaring 1980s

The Roaring 1980s (Swedish: Glada 1980-talet) is the name of the economic boom in Sweden during the mid-late 1980s.

Background

The years after the 1973 oil crisis was a time of economic recession. In October 1982 a devaluation of the Swedish currency was done.[1] On 21 November 1985, the credit market became free.[2] and the international economic boom that had begun spread into Sweden.

A yuppie culture developed at the Stockholm Stock Exchange. Mobile telephones were also known by the popular nickname "yuppienalle". ("Yuppie's teddy bear")[3] The term finansvalp ("finance puppy") was common when referring to young businessmen. The contemporary yuppie culture was criticized by, among others, Stig Malm in his 1987 First of May speech.[4]

Buying and selling art also became popular within the world of businesses.[5]

Culture and other entertainment

The Stockholm Globe Arena was built between 1986-1988 and opened in 1989. It has been described as an expression of the contemporary optimism for the future.[6] Several summer parks opened during this period.[7]

The 1993 Magnus Uggla song Mitt decennium describes the phenomena.[8]

See also

References

  1. ^ Horisont 1982 (in Swedish). Bertmarks. 1983. pp. 220–221.
  2. ^ "Ollevik: Alliansen har skapat nya branscher" (in Swedish). Svenska dagbladet. 13 October 2013. Retrieved 19 February 2015.
  3. ^ Yvonne Edenholm (6 May 2011). "För dig som saknar yuppienallen" (in Swedish). Ny teknik. Retrieved 20 February 2015.
  4. ^ Spängs Thorbjörn (3 February 1997). "Stadshuset: En halv miljard försvann. 10 år sedan de vidlyftiga optionsaffärerna" (in Swedish). Dagens nyheter. Archived from the original on September 24, 2015. Retrieved 20 February 2015.
  5. ^ Matilda Gustavsson (15 April 2014). "Omstridda avtal på Bukowskis" (in Swedish). Dagens nyheter. Retrieved 20 February 2015.
  6. ^ Hans Dahlberg (1999). "En liten tid av överdåd". Hundra år i Sverige (in Swedish). Albert Bonniers. p. 341.
  7. ^ Övergivna platser - Svenska sommarland, accessdate: 28 September 2012
  8. ^ "90-talet" (in Swedish). LG25. Retrieved 10 August 2011.
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