The Epitome of the Global Financial Crisis - Iceland: A Case Study

Now they’re back, they’re back in earnest. 

Here’s your write-up for tomorrow night’s seminar with our friends from the Auckland Uni Economics Group.

The most spectacular bankruptcy of the 2008 financial crisis was the collapse of Iceland’s financial system. How could such a developed and sophisticated economy collapse so spectacularly?
    This is one of the most important questions that can be asked as the Icelandic experience is really a microcosm of the experience of many other developed countries.
    In other words, understand why the Icelandic economy experienced a boom and then a bust and you will get insight into the causes of the current economic crises around the world. And the real reasons for the collapse of Iceland‘s economy will probably come as a surprise to you.
    Come along and find out what they were!

    Date: Thursday, July 30
    Time: 6-7pm
    Venue: Case Room Two, Level Zero, Business School

We look forward to seeing you there.

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