Introduction

Ásgeir Jónsson and Hersir Sigurgeirsson
Additional contact information
Ásgeir Jónsson: University of Iceland
Hersir Sigurgeirsson: University of Iceland

Chapter 1 in The Icelandic Financial Crisis, 2016, pp 1-33 from Palgrave Macmillan

Abstract: Abstract At 8 a.m. on October 27, 2011, the brand new Reykjavík Concert Hall and Conference Centre, Harpa, received a steady stream of formally attired dignitaries, both national and foreign. They were attending a conference presented jointly by the Icelandic government and the International Monetary Fund (IMF): “Iceland’s Recovery – Lessons and Challenges.” An impressive panel of speakers had assembled, including Nobel laureates Paul Krugman and Joseph Stiglitz, Willem Buiter, chief economist of Citigroup, and various ministers representing Iceland’s government. As often had been the case in Iceland over the past several years, the event also attracted a throng of protesters, who waved picket signs denouncing the IMF, the local government, or the general conclusion that three years after an epic collapse, Iceland was now an example of successful economic rehabilitation. As this was an international conference, the crowd had written out their slogans in English.

Keywords: International Monetary Fund; Banking System; Euro Area; Hedge Fund; Capital Control (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-1-137-39455-2_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137394552

DOI: 10.1057/978-1-137-39455-2_1

Access Statistics for this chapter

More chapters in Palgrave Macmillan Studies in Banking and Financial Institutions from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().