Iceland and the International Financial Crisis · Boom, Bust and Recovery by Bergmann, Eirikur -- Read -- Imperial Library of Trantor

Index

Title Copyright Dedication Contents Preface List of Abbreviations Introduction Boom, Bust and Recovery

The Crash The blame game The Pots and Pans revolution Recovery and new critical order Outline and analysis

Part I Rise and Shine

1 Birth of a Nation A Postcolonical Project

The independence struggle The colonial heritage The national myth Equal partner The Vikings Ever lasting struggle Conclusion

2 Coming of Age Economic History

Early fragile finanicalization Party of four Rich in fish Emergence of a historic block ITQ and neoliberal modernization Conclusion

3 The Independent State Foreign Relations

Three pillars Outside in Europe Challenges Compensating for smallness Icelands sense of sovereignty The discourses on Europe Conclusion

Part II Boom and Bust

4 The Nordic Tiger Imagined Economic Miracle

Privatization and deregulation Rival groups of Viking Capitalists Leveraged expansion abroad Procyclical policies Spinning out of control Mother of all shopping sprees Nourishing the superiority complex Conclusion

5 Living on the Edge Hot Air Flaring Up the Economy

The 2006 Geyser crisis New funding model Love letters and self-inflation Gathering clouds (early 2008) Falling off the waterfall The Glitnir takedown Conclusion

6 The Crash Collapse of the Cross-border Banks

Domino effect The fatal weekend Implementing the master plan God bless Iceland The UK attack Financial devastation Ruined reputation Conclusion

Part III Revolution and Recovery

7 The Pots and Pans Revolution and Defiance Abroad

Taking to the streets Adding insult to injury: the Icesave dispute and the IMF God Damn, Fucking Fuck In-com-pe-tent go-vern-ment: an all-Iceland revolution Left-leaning landslide The Icesave dispute heightens Post-crisis discourse Conclusion

8 Rising from the Ruins A Fragile Economic Recovery

The IMF emergency programme Bank restructuring Welfare-orientated recovery Production base intact Debt restructuring Rising from the ruins Challenges ahead Conclusion

9 Reconstituting Iceland and the New Critical Order

Political accountability Criminal investigation Re-entering international society Challenging the party system Constitutional reform Conclusion Conclusions and Final Remarks

Notes References Index