| 紀錄類型: |
書目-電子資源
: 單行本
|
| 合作者: |
AliberRobert Z., |
| 合作者: |
Gylfi Zoega. |
| 其他團體作者: |
Palgrave Connect (Online service) |
| 出版地: |
Basingstoke New York |
| 出版者: |
Palgrave Macmillan; |
| 出版年: |
2011 |
| 面頁冊數: |
1 online resource (xiii, 357 p.)ill. : |
| 標題: |
Finance - Iceland. - |
| 標題: |
Financial crises - Iceland. - |
| 標題: |
Icelance - Economic conditions. - |
| 標題: |
Iceland - Economic policy. - |
| 標題: |
Business. - |
| 標題: |
POLITICAL SCIENCE - Economic Conditions. - |
| 標題: |
BUSINESS & ECONOMICS - Economics - |
| 標題: |
BUSINESS & ECONOMICS - Economic Conditions. - |
| 標題: |
BUSINESS & ECONOMICS - Economic History. - |
| 電子資源: |
http://www.palgraveconnect.com/doifinder/10.1057/9780230307148An electronic book accessible through the World Wide Web; click for information |
| 附註: |
Description based on print version record. |
| 摘要註: |
Iceland beclme one of the symbols of the fourth wave of the financial crisis, since the end of the first decade of the twenty-first century. Between 2003 and 2008, the market value of the stock of Iceland's biggest companies increased by 700 per cent, and the assets of its three banks multiplied eightfold to eight times the country's GDP. When the bubble burst, it helped bring the world economy to its knees. This volume brings together several papers written by professional economists before the crash, warning of the dangers of the bubble economy that was being created. The papers discuss the imbalances created by an inflow of foreign capital, the hazards of a rapidly expanding banking system, and the perils that all banks face in a bubble economy. The chapters also provide a case study of the economics profession before the collapse of the international financial system. What did and didn't they see coming, and why? An introduction and conclusion contextualize the articles and draw out some important lessons. This book is essential reading for all interested in macroeconomics, economic policy and international finance, as well as anyone seeking to grasp the causes of the deepest global recession since the Great Depression. |
| ISBN: |
9780230307148electronic bk. |
| ISBN: |
0230307140electronic bk. |
| 內容註: |
-- Introduction; R. Aliber Summary of Papers; G. Zoega Privatisation and Deregulation: A Chronology of Events; T. Olaf Sigurjonsson PART I: INTERNATIONAL ORGANIZATIONS AND THE CENTRAL BANK OF ICELAND International Monetary Fund, Article IV Consultations 2004-2008 OECD Policy Brief 2008 Central Bank of Iceland, Financial Stability Reports 2005-8 PART II: OTHER PAPERS AND REPORTS Fitch Report, February 2006 Iceland's Geyser Crisis; L. Christiansen Financial Stability in Iceland; F. Mishkin� & T.T. Herbertsson The Internationalization of Iceland's Financial Sector; F.M. Baldursson� & R. Portes The Collapse of Iceland's Banks: the Predictable End of a Non-viable Business Model; W. Buiter� & A. Sibert Iceland on the Brink?; D. Gros Events in Iceland: Skating on Thin Ice; T. Gylfason A Spending Spree; G. Zoega Monetary Turbulence and the Icelandic Economy; R.Z. Aliber PART III: LESSONS FOR OTHER COUNTRIES Overbanked and Undersized: Lessons from Iceland; A. Sibert. |