Preludes to the Icelandic Financial Crisis

  • Robert Z. Aliber
  • Gylfi Zoega

Table of contents

  1. Front Matter
    Pages i-xiii
  2. Introduction

    1. Robert Z. Aliber
      Pages 1-12
  3. The Chapters in this Volume

    1. Gylfi Zoega
      Pages 13-25
  4. Privatization and Deregulation: a Chronology of Events

    1. Throstur Olaf Sigurjonsson
      Pages 26-40
  5. International Organizations and the Central Bank of Iceland

    1. Front Matter
      Pages 41-41
    2. Robert Z. Aliber, Gylfi Zoega
      Pages 50-53
    3. Robert Z. Aliber, Gylfi Zoega
      Pages 54-73
  6. Other Reports

    1. Front Matter
      Pages 75-75
    2. Lars Christiansen
      Pages 89-106
    3. Frederic S. Mishkin, Tryggvi T. Herbertsson
      Pages 107-159
    4. Richard Portes, Friđrik Már Baldursson, Frosti Ólafsson
      Pages 160-240
    5. Thorvaldur Gylfason
      Pages 290-295
    6. Gylfi Zoega
      Pages 296-301
    7. Robert Z. Aliber
      Pages 302-326
  7. Lessons for Other Countries

    1. Front Matter
      Pages 327-327
  8. Back Matter
    Pages 341-357

About this book


Iceland became one of the symbols of the global financial crisis. It provides an ideal test case for the perceptions of economists, in particular their ability to anticipate crises. The book contains papers and reports, written prior to the collapse of Iceland's financial system, about the economy. What did and didn't they see coming, and why?


bank international organizations internationalization

Editors and affiliations

  • Robert Z. Aliber
    • 1
  • Gylfi Zoega
    • 2
  1. 1.Booth Graduate School of BusinessUniversity of ChicagoUSA
  2. 2.Department of EconomicsUniversity of IcelandIceland

Bibliographic information