From Collapse to Constitution: The Case of Iceland

Most of the time, crises precede constitutions. Following a brief review of relevant historical background, this article aims to show why Iceland, after its financial collapse in 2008, is now at last on the road to adopting a new constitution to replace the provisional constitution from 1944. The ai...

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Main Author: Thorvaldur Gylfason
Format: Report
Language:unknown
Subjects:
Online Access:https://www.cesifo.org/DocDL/cesifo1_wp3770.pdf
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spelling ftrepec:oai:RePEc:ces:ceswps:_3770 2024-04-14T08:13:32+00:00 From Collapse to Constitution: The Case of Iceland Thorvaldur Gylfason https://www.cesifo.org/DocDL/cesifo1_wp3770.pdf unknown https://www.cesifo.org/DocDL/cesifo1_wp3770.pdf preprint ftrepec 2024-03-19T10:34:10Z Most of the time, crises precede constitutions. Following a brief review of relevant historical background, this article aims to show why Iceland, after its financial collapse in 2008, is now at last on the road to adopting a new constitution to replace the provisional constitution from 1944. The aim is also to show how the constitutional bill of 2011 came into being with significant help from the general public. Further, the article outlines some of the key provisions of the bill as well as why and how it differs from the current constitution. The article concludes by offering a brief discussion of some potential obstacles to the adoption of the bill in parliament, the role of the public, and some lessons from, and for, other countries. Report Iceland RePEc (Research Papers in Economics)
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description Most of the time, crises precede constitutions. Following a brief review of relevant historical background, this article aims to show why Iceland, after its financial collapse in 2008, is now at last on the road to adopting a new constitution to replace the provisional constitution from 1944. The aim is also to show how the constitutional bill of 2011 came into being with significant help from the general public. Further, the article outlines some of the key provisions of the bill as well as why and how it differs from the current constitution. The article concludes by offering a brief discussion of some potential obstacles to the adoption of the bill in parliament, the role of the public, and some lessons from, and for, other countries.
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author Thorvaldur Gylfason
spellingShingle Thorvaldur Gylfason
From Collapse to Constitution: The Case of Iceland
author_facet Thorvaldur Gylfason
author_sort Thorvaldur Gylfason
title From Collapse to Constitution: The Case of Iceland
title_short From Collapse to Constitution: The Case of Iceland
title_full From Collapse to Constitution: The Case of Iceland
title_fullStr From Collapse to Constitution: The Case of Iceland
title_full_unstemmed From Collapse to Constitution: The Case of Iceland
title_sort from collapse to constitution: the case of iceland
url https://www.cesifo.org/DocDL/cesifo1_wp3770.pdf
genre Iceland
genre_facet Iceland
op_relation https://www.cesifo.org/DocDL/cesifo1_wp3770.pdf
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