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Iceland's Financial Crisis - The Politics of Blame, Protest, and Reconstruction (Hardcover)
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Iceland's Financial Crisis - The Politics of Blame, Protest, and Reconstruction (Hardcover)
Series: Routledge Advances in European Politics
Expected to ship within 12 - 17 working days
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Being the first casualty of the international financial crisis,
Iceland was, in many ways, turned into a laboratory when it came to
responding to one of the largest corporate failures on record. This
edited volume offers the most wide-ranging treatment of the
Icelandic financial crisis and its political, economic, social, and
constitutional consequences. Interdisciplinary, with contributions
from historians, economists, sociologists, legal scholars,
political scientists and philosophers, it also compares and
contrasts the Icelandic experience with other national and global
crises. It examines the economic magnitude of the crisis, the
social and political responses, and the unique transitional justice
mechanisms used to deal with it. It looks at backward-looking
elements, including a societal and legal reckoning - which included
the indictment of a Prime Minister and jailing of leading bankers
for their part in the financial crisis - and forward-looking
features, such as an attempt to rewrite the Icelandic constitution.
Throughout, it underscores the contemporary relevance of the
Icelandic case. While the Icelandic economic recovery has been much
quicker than expected; it shows that public faith in political
elites has not been restored. This text will be of key interest to
scholars, policy-makers and students of the financial crisis in
such fields as European politics, international political economy,
comparative politics, sociology, economics, contemporary history,
and more broadly the social sciences and humanities.
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