The Geyser Crisis

Gudrun Johnsen

Chapter Chapter 7 in Bringing Down the Banking System, 2014, pp 83-90 from Palgrave Macmillan

Abstract: Abstract Every time I think about the Geyser Crisis, the first thing that comes to mind is a missed opportunity—the opportunity for Icelandic politicians and regulators to step on the brakes, apply prudential policies, and avert the full-fledged financial crisis that later ensued.

Keywords: Central Bank; International Monetary Fund; Prudential Policy; Fitch Rating; Financial Supervisory Authority (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-34735-0_7

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DOI: 10.1057/9781137347350_7

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