Constitutions: Financial Crisis Can Lead to Change

Many bemoan the fact that financial crisis and deep recession did not lead to constructive reform in most countries—at least not sufficient reform. But in Iceland it has led to attempts to rewrite the constitution for the better. Democratic government may well improve there.

Bibliographic Details
Main Author: Thorvaldur Gylfason
Format: Article in Journal/Newspaper
Language:unknown
Subjects:
Online Access:http://hdl.handle.net/10.2753/0577-5132550506
Description
Summary:Many bemoan the fact that financial crisis and deep recession did not lead to constructive reform in most countries—at least not sufficient reform. But in Iceland it has led to attempts to rewrite the constitution for the better. Democratic government may well improve there.