Description: The Icelandic Financial Crisis: A Study into the World�s Smallest Currency Area and its Recovery from Total Banking Collapse (Palgrave Macmillan Studies in Banking and Financial Institutions) [Hardcover] J�nsson, �sgeir and Sigurgeirsson, Hersir Product Overview 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. Read more Details Publisher : Palgrave Macmillan; 1st ed. 2016 edition (February 13, 2017) Language : English Hardcover : 365 pages ISBN-10 : 1137394544 ISBN-13 : 45 Item Weight : 1.25 pounds Dimensions : 6.28 x 1 x 8.64 inches Best Sellers Rank: #9,742,513 in Books (See Top 100 in Books) #1,243 in Banking (Books) #2,339 in Financial Services Industry #6,655 in Banks & Banking (Books) #1,243 in Banking (Books) #2,339 in Financial Services Industry Stock Photos Please Note: All of our book listings use stock photos unless otherwise stated. Please read our descriptions for accurate conditions and editions, don't use the photos! Free Shipping We ship worldwide. We have multiple warehouses around the world, so please note the extended handling time on certain listings.
Price: 280.74 USD
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ISBN: 1137394544
ISBN10: 1137394544
ISBN13: 9781137394545
EAN: 9781137394545
MPN: does not apply
Brand: MACMILLAN
GTIN: 09781137394545
Book Title: Icelandic Financial Crisis : A Study into the World´s Smallest Currency Area and Its Recovery from Total Banking Collapse
Number of Pages: Xvi, 349 Pages
Language: English
Publisher: Palgrave Macmillan The Limited
Topic: Economic Conditions, Industries / Financial Services
Publication Year: 2017
Illustrator: Yes
Genre: Business & Economics
Item Weight: 203.2 Oz
Author: Ásgeir Jónsson, Hersir Sigurgeirsson
Item Length: 8.3 in
Item Width: 5.8 in
Book Series: Palgrave Macmillan Studies in Banking and Financial Institutions Ser.
Format: Hardcover
