Lessons for Europe from the 2008 Icelandic Bank Collapse

Framhliğ kápu
New Direction, 8. jan. 2019 - 93 síğur

The spectacular collapse of the Icelandic banking sector in late 2008 was because the Icelandic banks were refused liquidity assistance by the US Fed, the ECB and others, while other European banks received such help. Moreover, the UK Labour government invoked an anti-terrorist law against Icelandic government institutions and an Icelandic bank.  

 

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Um höfundinn (2019)

Hannes H. Gissurarson is Professor of Politics at the University of Iceland. An author of many books in Icelandic, English and Swedish, he was on the board of the Mont Pelerin Society in 1998–2004 and of the Central Bank of Iceland in 2001–9.

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