Why Iceland?
how one of the world's smallest countries became the meltdown's biggest casualty
- ISBN: 9780071632843
- Editorial: McGraw-Hill Publishing Co.
- Fecha de la edición: 2009
- Lugar de la edición: New York. Estados Unidos de Norteamérica
- Encuadernación: Cartoné
- Medidas: 24 cm
- Nº Pág.: 229
- Idiomas: Inglés
Papel: Cartoné
34,42 €
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The reasons behind Iceland's decline--and what it now means for the rest of the world How did a nation of 300,000 build an international banking empire of assets equaling 12 times its GDP-- and then lose it all overnight? sgeir Jonsson, head of research and chief economist for Iceland's biggest bank, was in the midst of it all. Here, he explains the whole story of how Iceland grew into a banking empire and then collapsed, including the theory that Iceland's fall was the result of a speculative attack by hedge funds on the nation's banking system. He examines the roles played by the United States and United Kingdom, and predicts how the collapse will, in turn, affect them.
