Arbeitspapier
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. 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.
- Sprache
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Englisch
- Erschienen in
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Series: CESifo Working Paper ; No. 7318
- Klassifikation
-
Wirtschaft
Financial Crises
- Thema
-
financial crisis
social capital
Iceland
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Gylfason, Thorvaldur
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2018
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Gylfason, Thorvaldur
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2018