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
Englisch

Erschienen in
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
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Gylfason, Thorvaldur
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2018

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