The Picture—Small and Big: Iceland and the Crises

This paper was written for the 2014 Winter Symposium of the Nordic Summer University’s (NSU) research group number three, dealing with the concept of crisis. In it, I provide two pictures of Iceland’s notorious 2008 economic crisis and unexpected 2009-2013 recovery: one small, another big. The small...

Full description

Bibliographic Details
Main Author: Giorgio Baruchello
Format: Article
Language:English
Published: The University of Akureyri 2014-06-01
Series:Nordicum-Mediterraneum
Subjects:
Online Access:http://nome.unak.is/nm-marzo-2012/vol-9-no-3-2014/73-conference-paper/480-the-picture-small-and-big-iceland-and-the-crises
_version_ 1797332648096432128
author Giorgio Baruchello
author_facet Giorgio Baruchello
author_sort Giorgio Baruchello
collection DOAJ
description This paper was written for the 2014 Winter Symposium of the Nordic Summer University’s (NSU) research group number three, dealing with the concept of crisis. In it, I provide two pictures of Iceland’s notorious 2008 economic crisis and unexpected 2009-2013 recovery: one small, another big. The small one is a concise three-step account of what sort of policies preceded the economic crisis, what this crisis consisted primarily in, and what sort of policies followed it. The big one is a twofold reflection on how the Icelandic experience fits within larger global trends, which means considering the country’s experience from an economic-historical perspective and from an axiological one.
first_indexed 2024-03-08T07:51:59Z
format Article
id doaj.art-9ad6fb4c68a247eb8eeb7f62926deb6c
institution Directory Open Access Journal
issn 1670-6242
1670-6242
language English
last_indexed 2024-03-08T07:51:59Z
publishDate 2014-06-01
publisher The University of Akureyri
record_format Article
series Nordicum-Mediterraneum
spelling doaj.art-9ad6fb4c68a247eb8eeb7f62926deb6c2024-02-02T14:42:49ZengThe University of AkureyriNordicum-Mediterraneum1670-62421670-62422014-06-0193A1The Picture—Small and Big: Iceland and the CrisesGiorgio BaruchelloThis paper was written for the 2014 Winter Symposium of the Nordic Summer University’s (NSU) research group number three, dealing with the concept of crisis. In it, I provide two pictures of Iceland’s notorious 2008 economic crisis and unexpected 2009-2013 recovery: one small, another big. The small one is a concise three-step account of what sort of policies preceded the economic crisis, what this crisis consisted primarily in, and what sort of policies followed it. The big one is a twofold reflection on how the Icelandic experience fits within larger global trends, which means considering the country’s experience from an economic-historical perspective and from an axiological one.http://nome.unak.is/nm-marzo-2012/vol-9-no-3-2014/73-conference-paper/480-the-picture-small-and-big-iceland-and-the-crisescrisisOddssonGalbraithMcMurtryIcelandIMF
spellingShingle Giorgio Baruchello
The Picture—Small and Big: Iceland and the Crises
Nordicum-Mediterraneum
crisis
Oddsson
Galbraith
McMurtry
Iceland
IMF
title The Picture—Small and Big: Iceland and the Crises
title_full The Picture—Small and Big: Iceland and the Crises
title_fullStr The Picture—Small and Big: Iceland and the Crises
title_full_unstemmed The Picture—Small and Big: Iceland and the Crises
title_short The Picture—Small and Big: Iceland and the Crises
title_sort picture small and big iceland and the crises
topic crisis
Oddsson
Galbraith
McMurtry
Iceland
IMF
url http://nome.unak.is/nm-marzo-2012/vol-9-no-3-2014/73-conference-paper/480-the-picture-small-and-big-iceland-and-the-crises
work_keys_str_mv AT giorgiobaruchello thepicturesmallandbigicelandandthecrises
AT giorgiobaruchello picturesmallandbigicelandandthecrises