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The Icelandic financial crisis = a s...

Jonsson, Asgeir.

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The Icelandic financial crisis = a study into the worlds smallest currency area and its recovery from total banking collapse /

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	The Icelandic financial crisis/ by Asgeir Jonsson, Hersir Sigurgeirsson.
其他題名:	a study into the worlds smallest currency area and its recovery from total banking collapse /
作者:	Jonsson, Asgeir.
其他作者:	Sigurgeirsson, Hersir.
出版者:	London :Palgrave Macmillan UK : : 2016.,
面頁冊數:	xvi, 349 p. :ill., digital ;24 cm.
Contained By:	Springer eBooks
標題:	Bank failures - Iceland. -
標題:	Iceland - Economic conditions - 21st century. -
電子資源:	http://dx.doi.org/10.1057/978-1-137-39455-2
ISBN:	9781137394552

The Icelandic financial crisis = a study into the worlds smallest currency area and its recovery from total banking collapse /
Jonsson, Asgeir.

The Icelandic financial crisisa study into the worlds smallest currency area and its recovery from total banking collapse /[electronic resource] :by Asgeir Jonsson, Hersir Sigurgeirsson. - London :Palgrave Macmillan UK :2016. - xvi, 349 p. :ill., digital ;24 cm. - Palgrave Macmillan studies in banking and financial institutions. - Palgrave Macmillan studies in banking and financial institutions..

This book presents a detailed account of Iceland's recovery from the tumultuous banking collapse that overturned its financial industry in 2008. Early chapters recount how Iceland's central bank was unable to follow the quantitative easing policies of the time to print money and save the banks, while serving the world's smallest currency area. The book goes on to explore how the government exercised force majeure rights to implement emergency legislation aimed at preventing the "socialization of losses". Later chapters investigate how, eight years later, these policies have yielded renewed growth and reinvigorated liquidity streams for the financial system. The authors argue that Iceland, long-called the 'canary in the coal mine' of the developed world, offers important lessons for the future. This book will be useful to all readers interested in better understanding the unique history of Iceland's banking crisis and the phenomena of its recovery.

ISBN: 9781137394552

Standard No.: 10.1057/978-1-137-39455-2doiSubjects--Topical Terms:

3209931
Bank failures
--Iceland.Subjects--Geographical Terms:

3209929
Iceland
--Economic conditions--21st century.

LC Class. No.: HG3154

Dewey Class. No.: 332.1094912

The Icelandic financial crisis = a study into the worlds smallest currency area and its recovery from total banking collapse /
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