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£113 today · previous high £113 · all-time low £105

MACMILLAN Icelandic Financial Crisis: Banking Collapse & Recovery Study

Amazon

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£112.73 £104.77 £106.50 £108.24 £109.98 £111.72 £113.45 19 July 2026 08 August 2026 28 August 2026 17 September 2026 08 October 2026
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9 days 20 days 53 days · current 0 13 27 40 53 £105 £107 £113 Days at Price

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Most common price: £113 (53 days, 64.6%)

Price range: £105 - £113

Price levels: 3 different prices over 82 days

Description

This comprehensive study examines Iceland's dramatic recovery from the 2008 banking collapse that devastated its financial sector. The book traces how Iceland's central bank operated within the constraints of the world's smallest currency area, unable to deploy quantitative easing strategies available to larger economies. It reveals how the government invoked force majeure provisions to enact emergency legislation designed to prevent losses being transferred to taxpayers. Through detailed analysis, the author demonstrates how these decisive policy interventions ultimately positioned Iceland for renewed economic growth within eight years of total systemic failure. Essential reading for anyone seeking to understand currency crises, financial regulation, and how small nations manage extraordinary economic challenges.

Key Features

Palgrave Macmillan Studies in Banking and Financial Institutions series book examining Iceland's unique monetary policy constraints.

Detailed exploration of how force majeure legislation protected public finances during the 2008 banking emergency.

Eight-year retrospective analysis showing Iceland's transition from financial collapse to economic recovery.

Case study of central banking strategy in the world's smallest currency area facing systemic crisis.

In-depth examination of government intervention policies designed to prevent socialisation of banking losses.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
13 February 2017
Listed Since
30 May 2016

Barcode

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