About this book
This book addresses the causes and consequences of the international financial crisis of 2008. A range of esteemed contributors explore developments in the United States, where the crisis of 2008 originated, as well as the smallest country affected, Iceland, by evaluating developments since 2008. Currently, many countries are facing similar problems as Iceland did in 2008: this book is of interest to economists and policy makers in these countries to study what happened in Iceland, and why the recovery of that economy was strong and swift. The chapters in this book originate from panel discussions and conferences and explore areas including regulation, state projects and inflation.
Icelandic economy Origins of the 2007/2008 financial crisis Financial crises Small open economies US financial crisis Crisis and boom Banking crisis Currency crisis Asian crisis Regulatory response to financial crisis Financial market turbulence Capital flows Monetary Regimes Banking Regulation Cross-Border Financial Flows The Icelandic banking crisis of 2008 Business cycles and health Post-crisis monetary policy reforms Inflation targeting Capital controls