Early in 2008, Anne Sibert and I were asked by the Icelandic bank Landsbanki (now in receivership) to write a paper on the causes of the financial problems faced by Iceland and its banks, and on the ...
For Iceland, there was a sense of deja vu when Cyprus's finance minister said capital controls would probably last "a matter of weeks". Five years after a banking meltdown, the north Atlantic island ...
Like its American ally, Iceland has been recovering from a devastating economic situation in the last several years. And the U.S. Ambassador to Iceland says the country's recent comeback could offer ...
Iceland was the first advanced economy to experience the full force of the 2008 global financial crisis, and the first to subsequently seek financial support from the IMF. Three years later, with the ...
just extended its own controls indefinitely. When Iceland first announced those surprise plans after growth quicker than many had expected. Cyprus, by contrast, cannot devalue because it is a member ...