书目名称 | The Icelandic Financial Crisis |
副标题 | A Study into the Wor |
编辑 | Ásgeir Jónsson,Hersir Sigurgeirsson |
视频video | |
概述 | Offers a fresh perspective on Iceland’s banking crisis from 2008 to the present.Provides a detailed account of the heterodox policies Iceland successfully adopted after the crisis.Analyses Iceland’s t |
丛书名称 | Palgrave Macmillan Studies in Banking and Financial Institutions |
图书封面 |  |
描述 | .This book presents a detailed account of Iceland’s recovery from thetumultuous banking collapse that overturned its financial industry in 2008.Early chapters recount how Iceland’s central bank was unable to follow thequantitative 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 explorehow the government exercised force majeure rights to implement emergencylegislation aimed at preventing the “socialization of losses”. Later chaptersinvestigate how, eight years later, these policies have yielded renewed growthand reinvigorated liquidity streams for the financial system. The authorsargue that Iceland, long-called the ‘canary in the coal mine’ of the developedworld, offers important lessons for the future. This book will be useful toall readers interested in better understanding the unique history of Iceland’sbanking crisis and the phenomena of its recovery.. |
出版日期 | Book 2016 |
关键词 | banking; finance; Capital Controls; Quantitative Easing; Vulture Funds; Icelandic Financial Crisis; Cost o |
版次 | 1 |
doi | https://doi.org/10.1057/978-1-137-39455-2 |
isbn_ebook | 978-1-137-39455-2Series ISSN 2523-336X Series E-ISSN 2523-3378 |
issn_series | 2523-336X |
copyright | The Editor(s) (if applicable) and The Author(s) 2016 |