Iceland and the International Financial Crisis [electronic resource] : Boom, Bust and Recovery /
Bergmann, Eirikur.author.
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.
Description based upon print version of record.
Cover; Title; Copyright; Dedication; Contents; Preface; List of Abbreviations; Introduction - Boom, Bust and Recovery; The Crash; The blame game; The Pots and Pans revolution; Recovery and new critical order; Outline and analysis; Part I Rise and Shine; 1 Birth of a Nation - A Postcolonical Project; The independence struggle; The colonial heritage; The national myth; Equal partner; The Vikings; Ever lasting struggle; Conclusion; 2 Coming of Age - Economic History; Early fragile finanicalization; Party of four; Rich in fish; Emergence of a historic block; ITQ and neoliberal modernization
Conclusion3 The Independent State - Foreign Relations; Three pillars; Outside in Europe; Challenges; Compensating for smallness; Iceland's sense of sovereignty; The discourses on Europe; Conclusion; Part II Boom and Bust; 4 The Nordic Tiger - Imagined Economic Miracle; Privatization and deregulation; Rival groups of Viking Capitalists; Leveraged expansion abroad; Procyclical policies; Spinning out of control; Mother of all shopping sprees; Nourishing the superiority complex; Conclusion; 5 Living on the Edge - Hot Air Flaring Up the Economy; The 2006 Geyser crisis; New funding model
Love letters and self-inflationGathering clouds (early 2008); Falling off the waterfall; The Glitnir takedown; Conclusion; 6 The Crash - Collapse of the Cross - border Banks; Domino effect; The fatal weekend; Implementing the master plan; God bless Iceland; The UK attack; Financial devastation; Ruined reputation; Conclusion; Part III Revolution and Recovery; 7 The Pots and Pans Revolution - and Defiance Abroad; Taking to the streets; Adding insult to injury: the Icesave dispute and the IMF; 'God Damn, Fucking Fuck'; 'In-com-pe-tent go-vern-ment': an all-Iceland revolution
Left-leaning landslideThe Icesave dispute heightens; Post-crisis discourse; Conclusion; 8 Rising from the Ruins - A Fragile Economic Recovery; The IMF emergency programme; Bank restructuring; Welfare-orientated recovery; Production base intact; Debt restructuring; Rising from the ruins; Challenges ahead; Conclusion; 9 Reconstituting Iceland - and the New Critical Order; Political accountability; Criminal investigation; Re-entering international society; Challenging the party system; Constitutional reform; Conclusion; Conclusions and Final Remarks; Notes; References; Index
Includes bibliographical references and index.
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.
Political economy.
International relations.
Political science.
Macroeconomics.
Finance.
International Political Economy.
International Relations.
Political Science.
Macroeconomics/Monetary Economics//Financial Economics.
Finance, general.