The Faustian Bargain of Capital Controls

Ásgeir Jónsson and Hersir Sigurgeirsson
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Ásgeir Jónsson: University of Iceland
Hersir Sigurgeirsson: University of Iceland

Chapter 7 in The Icelandic Financial Crisis, 2016, pp 209-249 from Palgrave Macmillan

Abstract: Abstract Monday, January 3, 1994, marked a turning point in Iceland’s economic history. This was the first business day on which the nation conducted affairs under the auspices of the European Economic Area (EEA) Agreement.

Keywords: Gross Domestic Product; International Monetary Fund; Hedge Fund; Foreign Currency; Foreign Asset (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-1-137-39455-2_7

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DOI: 10.1057/978-1-137-39455-2_7

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