Hilmarsson, Hilmar Þór - In: Baltic Journal of Economics 13 (2013) 1, pp. 31-48
The Icelandic economy was hit hard by the global economic and financial crisis that started in the fall of 2008. During … this crisis the three largest banks all collapsed and many other smaller banks and companies went bankrupt in the aftermath … of the crisis with severe consequences for the economy and the people. Prior to the crisis, Iceland, a high income …