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Iceland and the International Financial Crisis: Boom, Bust and Recovery

Iceland and the International Financial Crisis: Boom, Bust and Recovery

by Eirikur Bergmann

Paperback(1st ed. 2014)

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Eirikur Bergmann explains the exceptional case of Iceland's fantastical boom, bust and rapid recovery after the Crash of 2008 and explores the lessons for the wider EU crisis and for over-reaching economies that over-rely on financial markets.

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Product Details

ISBN-13: 9781349461523
Publisher: Palgrave Macmillan UK
Publication date: 01/01/2014
Series: International Political Economy Series
Edition description: 1st ed. 2014
Pages: 211
Product dimensions: 5.51(w) x 8.50(h) x (d)

About the Author

Eirikur Bergmann is Professor of Politics and Director of Centre for European Studies at Bifröst University, Iceland. He is a leading expert on Iceland's political economy and has published several books and many articles on Iceland's foreign relations. In 2010 he was elected onto Iceland's Constitutional Council, which had the task of writing a new constitution for the young republic.

Table of Contents

Introduction – Boom, Bust and Recovery PART I: RISE AND SHINE 1. Birth of a Nation – a Postcolonical Project 2. Coming of Age – Economic History 3. The Independent State – Foreign Relations PART II: BOOM AND BUST 4. The Nordic Tiger – Imagined Economic Miracle 5. Hot Air – Living on the Edge 6. The Crash – Collapse of the Cross Border Banks PART III: REVOLUTION AND RECOVERY 7. Pots-and-Pans Revolution – and Defiance Abroad 8. Rising from the Ruins – Fragile Economic Recovery 9. Reconstituting Iceland – and the New Critical Order Conclusion and Final Remarks

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