Ten Years After: Iceland's Unfinished Business

This study discusses the economic, political, and judicial aftermath of Iceland´s financial collapse in 2008. It considers lessons learned, or not learned, with emphasis on unsettled issues concerning the distribution of incomes and wealth, banking, and politics. The study makes three main points. F...

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Bibliographic Details
Main Author: Gylfason, Thorvaldur
Format: Report
Language:English
Published: Munich: Center for Economic Studies and ifo Institute (CESifo) 2018
Subjects:
ddc:330
G01
financial crisis
social capital
Iceland
Online Access:http://hdl.handle.net/10419/185516
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spelling ftzbwkiel:oai:econstor.eu:10419/185516 2024-01-07T09:44:02+01:00 Ten Years After: Iceland's Unfinished Business Gylfason, Thorvaldur 2018 http://hdl.handle.net/10419/185516 eng eng Munich: Center for Economic Studies and ifo Institute (CESifo) Series: CESifo Working Paper No. 7318 gbv-ppn:1040436315 http://hdl.handle.net/10419/185516 RePec:ces:ceswps:_7318 http://www.econstor.eu/dspace/Nutzungsbedingungen ddc:330 G01 financial crisis social capital Iceland doc-type:workingPaper 2018 ftzbwkiel 2023-12-11T00:45:14Z This study discusses the economic, political, and judicial aftermath of Iceland´s financial collapse in 2008. It considers lessons learned, or not learned, with emphasis on unsettled issues concerning the distribution of incomes and wealth, banking, and politics. The study makes three main points. First, the measurement of income flows and living standards needs to be adjusted in two respects. Second, since the crisis, Ireland has made a significantly stronger recovery than Iceland in terms of per capita income. Third, Iceland´s economic recovery from the crisis is marred by a visible deterioration of various components of the country´s social capital. Report Iceland EconStor (German National Library of Economics, ZBW)
institution Open Polar
collection EconStor (German National Library of Economics, ZBW)
op_collection_id ftzbwkiel
language English
topic ddc:330
G01
financial crisis
social capital
Iceland
spellingShingle ddc:330
G01
financial crisis
social capital
Iceland
Gylfason, Thorvaldur
Ten Years After: Iceland's Unfinished Business
topic_facet ddc:330
G01
financial crisis
social capital
Iceland
description This study discusses the economic, political, and judicial aftermath of Iceland´s financial collapse in 2008. It considers lessons learned, or not learned, with emphasis on unsettled issues concerning the distribution of incomes and wealth, banking, and politics. The study makes three main points. First, the measurement of income flows and living standards needs to be adjusted in two respects. Second, since the crisis, Ireland has made a significantly stronger recovery than Iceland in terms of per capita income. Third, Iceland´s economic recovery from the crisis is marred by a visible deterioration of various components of the country´s social capital.
format Report
author Gylfason, Thorvaldur
author_facet Gylfason, Thorvaldur
author_sort Gylfason, Thorvaldur
title Ten Years After: Iceland's Unfinished Business
title_short Ten Years After: Iceland's Unfinished Business
title_full Ten Years After: Iceland's Unfinished Business
title_fullStr Ten Years After: Iceland's Unfinished Business
title_full_unstemmed Ten Years After: Iceland's Unfinished Business
title_sort ten years after: iceland's unfinished business
publisher Munich: Center for Economic Studies and ifo Institute (CESifo)
publishDate 2018
url http://hdl.handle.net/10419/185516
genre Iceland
genre_facet Iceland
op_relation Series: CESifo Working Paper
No. 7318
gbv-ppn:1040436315
http://hdl.handle.net/10419/185516
RePec:ces:ceswps:_7318
op_rights http://www.econstor.eu/dspace/Nutzungsbedingungen
_version_ 1787425353274228736

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