Téléchargez le livre : The Icelandic Financial Crisis

The Icelandic Financial Crisis

A Study into the World´s Smallest Currency Area and its Recovery from Total Banking Collapse de

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Éditeur :

Palgrave Macmillan


Collection :

Palgrave Macmillan Studies in Banking and Financial Institutions

Paru le : 2017-02-02

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Description

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.
Pages
349 pages
Collection
Palgrave Macmillan Studies in Banking and Financial Institutions
Parution
2017-02-02
Marque
Palgrave Macmillan
EAN papier
9781137394545
EAN PDF
9781137394552
Informations sur l'ebook
Nombre pages copiables
3
Nombre pages imprimables
34
Taille du fichier
4762 Ko
Prix
153,14 €
EAN EPUB
9781137394552
Informations sur l'ebook
Nombre pages copiables
3
Nombre pages imprimables
34
Taille du fichier
901 Ko
Prix
153,14 €

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