Author:
Publisher:
ISBN:
Category : Iceland
Languages : en
Pages : 346
Book Description
Miss Iceland
Author: Auður Ava Ólafsdóttir
Publisher: Grove Press
ISBN: 0802149243
Category : Fiction
Languages : en
Pages : 194
Book Description
“Will appeal to readers of Elena Ferrante and Margaret Atwood . . . the unusual setting offers an interesting twist on the portrait of an artist as a young woman.” —Bookpage In 1960s Iceland, Hekla dreams of being a writer. In a nation of poets, where each household proudly displays leatherbound volumes of the Sagas, and there are more writers per capita than anywhere else in the world, there is only one problem: she is a woman. After packing her few belongings, including James Joyces’s Ulysses and a Remington typewriter, Hekla heads for Reykjavik with a manuscript buried in her bags. She moves in with her friend Jon, a gay man who longs to work in the theatre, but can only find dangerous, backbreaking work on fishing trawlers. Hekla’s opportunities are equally limited: marriage and babies, or her job as a waitress, in which harassment from customers is part of the daily grind. The two friends feel completely out of place in a small and conservative world. And yet that world is changing: JFK is shot. Hemlines are rising. In Iceland, another volcano erupts and Hekla meets a poet who brings to light harsh realities about her art—as she realizes she must escape to find freedom abroad, whatever the cost. Miss Iceland, a winner of two international book awards, comes from the acclaimed author of Hotel Silence, which received the Icelandic Literary Prize. “Only a great book can make you feel you’re really there, a thousand miles and a generation away. I loved it.” —Kit de Waal, author of My Name is Leon “[A] winning tale of friendship and self-fulfillment.” —Publishers Weekly, starred review
Publisher: Grove Press
ISBN: 0802149243
Category : Fiction
Languages : en
Pages : 194
Book Description
“Will appeal to readers of Elena Ferrante and Margaret Atwood . . . the unusual setting offers an interesting twist on the portrait of an artist as a young woman.” —Bookpage In 1960s Iceland, Hekla dreams of being a writer. In a nation of poets, where each household proudly displays leatherbound volumes of the Sagas, and there are more writers per capita than anywhere else in the world, there is only one problem: she is a woman. After packing her few belongings, including James Joyces’s Ulysses and a Remington typewriter, Hekla heads for Reykjavik with a manuscript buried in her bags. She moves in with her friend Jon, a gay man who longs to work in the theatre, but can only find dangerous, backbreaking work on fishing trawlers. Hekla’s opportunities are equally limited: marriage and babies, or her job as a waitress, in which harassment from customers is part of the daily grind. The two friends feel completely out of place in a small and conservative world. And yet that world is changing: JFK is shot. Hemlines are rising. In Iceland, another volcano erupts and Hekla meets a poet who brings to light harsh realities about her art—as she realizes she must escape to find freedom abroad, whatever the cost. Miss Iceland, a winner of two international book awards, comes from the acclaimed author of Hotel Silence, which received the Icelandic Literary Prize. “Only a great book can make you feel you’re really there, a thousand miles and a generation away. I loved it.” —Kit de Waal, author of My Name is Leon “[A] winning tale of friendship and self-fulfillment.” —Publishers Weekly, starred review
Secrets of the Sprakkar
Author: Eliza Reid
Publisher: Simon and Schuster
ISBN: 1982174048
Category : Biography & Autobiography
Languages : en
Pages : 288
Book Description
The Canadian first lady of Iceland pens a book about why this tiny nation is leading the charge in gender equality, in the vein of The Moment of Lift. Iceland is the best place on earth to be a woman—but why? For the past twelve years, the World Economic Forum’s Global Gender Gap Report has ranked Iceland number one on its list of countries closing the gap in equality between men and women. What is it about Iceland that enables its society to make such meaningful progress in this ongoing battle, from electing the world’s first female president to passing legislation specifically designed to help even the playing field at work and at home? The answer is found in the country’s sprakkar, an ancient Icelandic word meaning extraordinary or outstanding women. Eliza Reid—Canadian born and raised, and now first lady of Iceland—examines her adopted homeland’s attitude toward women: the deep-seated cultural sense of fairness, the influence of current and historical role models, and, crucially, the areas where Iceland still has room for improvement. Throughout, she interviews dozens of sprakkar to tell their inspirational stories, and expertly weaves in her own experiences as an immigrant from small-town Canada. The result is an illuminating discussion of what it means to move through the world as a woman and how the rules of society play more of a role in who we view as equal than we may understand. What makes many women’s experiences there so positive? And what can we learn about fairness to benefit our society? Like influential and progressive first ladies Eleanor Roosevelt, Hillary Rodham Clinton, and Michelle Obama, Reid uses her platform to bring the best of her nation to the world. Secrets of the Sprakkar is a powerful and atmospheric portrait of a tiny country that could lead the way forward for us all.
Publisher: Simon and Schuster
ISBN: 1982174048
Category : Biography & Autobiography
Languages : en
Pages : 288
Book Description
The Canadian first lady of Iceland pens a book about why this tiny nation is leading the charge in gender equality, in the vein of The Moment of Lift. Iceland is the best place on earth to be a woman—but why? For the past twelve years, the World Economic Forum’s Global Gender Gap Report has ranked Iceland number one on its list of countries closing the gap in equality between men and women. What is it about Iceland that enables its society to make such meaningful progress in this ongoing battle, from electing the world’s first female president to passing legislation specifically designed to help even the playing field at work and at home? The answer is found in the country’s sprakkar, an ancient Icelandic word meaning extraordinary or outstanding women. Eliza Reid—Canadian born and raised, and now first lady of Iceland—examines her adopted homeland’s attitude toward women: the deep-seated cultural sense of fairness, the influence of current and historical role models, and, crucially, the areas where Iceland still has room for improvement. Throughout, she interviews dozens of sprakkar to tell their inspirational stories, and expertly weaves in her own experiences as an immigrant from small-town Canada. The result is an illuminating discussion of what it means to move through the world as a woman and how the rules of society play more of a role in who we view as equal than we may understand. What makes many women’s experiences there so positive? And what can we learn about fairness to benefit our society? Like influential and progressive first ladies Eleanor Roosevelt, Hillary Rodham Clinton, and Michelle Obama, Reid uses her platform to bring the best of her nation to the world. Secrets of the Sprakkar is a powerful and atmospheric portrait of a tiny country that could lead the way forward for us all.
The Mist
Author: Ragnar Jónasson
Publisher: Minotaur Books
ISBN: 1250768128
Category : Fiction
Languages : en
Pages : 254
Book Description
The final nail-biting installment in Ragnar Jónasson's critically-acclaimed Hidden Iceland series, The Mist, from the newest superstar on the Icelandic crime fiction scene. 1987. An isolated farm house in the east of Iceland. The snowstorm should have shut everybody out. But it didn't. The couple should never have let him in. But they did. An unexpected guest, a liar, a killer. Not all will survive the night. And Detective Hulda will be haunted forever.
Publisher: Minotaur Books
ISBN: 1250768128
Category : Fiction
Languages : en
Pages : 254
Book Description
The final nail-biting installment in Ragnar Jónasson's critically-acclaimed Hidden Iceland series, The Mist, from the newest superstar on the Icelandic crime fiction scene. 1987. An isolated farm house in the east of Iceland. The snowstorm should have shut everybody out. But it didn't. The couple should never have let him in. But they did. An unexpected guest, a liar, a killer. Not all will survive the night. And Detective Hulda will be haunted forever.
Winterkill
Author: Ragnar Jonasson
Publisher: Orenda Books
ISBN: 1913193454
Category : Fiction
Languages : en
Pages : 245
Book Description
DIV THE STUNNING FINAL INSTALMENT OF THE MULTI-MILLION-COPY BESTSELLING DARK ICELAND SERIES **Sunday Times BOOK OF THE MONTH** 'JÓnasson is an automatic must-read for me ... possibly the best Scandi writer working today' Lee Child 'Is this the best crime writer in the world today? ... Truly a master of his genre' The Times 'The engaging Ari Thor returns in this darkly claustrophobic tale. Perfect mid-winter reading' Ann Cleeves 'A stunningly atmospheric story. Ari ThÓr Arason returns in this pitch-perfect, beautifully paced crime novel ... Ragnar JÓnasson is at the top of his game, and a master of the genre' Will Dean ______________ A blizzard is approaching SiglufjÖrður, and that can only mean one thing... When the body of a nineteen-year-old girl is found on the main street of SiglufjÖrður, Police Inspector Ari ThÓr battles a violent Icelandic storm in an increasingly dangerous hunt for her killer ... The chilling, claustrophobic finale to the international bestselling Dark Iceland series. Easter weekend is approaching, and snow is gently falling in SiglufjÖrður, the northernmost town in Iceland, as crowds of tourists arrive to visit the majestic ski slopes. Ari ThÓr Arason is now a police inspector, but he's separated from his girlfriend, who lives in Sweden with their three-year-old son. A family reunion is planned for the holiday, but a violent blizzard is threatening and there is an unsettling chill in the air. Three days before Easter, a nineteen-year-old local girl falls to her death from the balcony of a house on the main street. A perplexing entry in her diary suggests that this may not be an accident, and when an old man in a local nursing home writes 'She was murdered' again and again on the wall of his room, there is every suggestion that something more sinister lies at the heart of her death... As the extreme weather closes in, cutting the power and access to SiglufjÖrður, Ari ThÓr must piece together the puzzle to reveal a horrible truth ... one that will leave no one unscathed. Chilling, claustrophobic and disturbing, Winterkill is a startling addition to the multi-million-copy bestselling Dark Iceland series and cements Ragnar JÓnasson as one of the most exciting and acclaimed authors in crime fiction. _______________ Praise for Ragnar JÓnasson'A sinister twisted tragedy' The Times 'If Iceland missed out on the Golden Age of crime writing, the country – and Jonasson – is certainly making up for it now' Sunday Times 'Outstanding ... Series fans will be sorry to see the last of Ari ThÓr' Publishers Weekly 'Jonasson's Dark Iceland novels are instant classics' William Ryan 'JÓnasson's punchy, straightforward prose is engrossing ... A diverting mystery' Foreword Reviews 'Consummate crime writing ... poignant and disturbing' New Books Magazine 'Chilling, creepy, perceptive, almost unbearably tense' Ian Rankin 'A tense, gripping read' Anthony Horowitz 'Icelandic noir of the highest order, with JÓnasson's atmospheric sense of place, and his heroine's unerring humanity shining from every page' Daily Mail 'Ragnar JÓna
Publisher: Orenda Books
ISBN: 1913193454
Category : Fiction
Languages : en
Pages : 245
Book Description
DIV THE STUNNING FINAL INSTALMENT OF THE MULTI-MILLION-COPY BESTSELLING DARK ICELAND SERIES **Sunday Times BOOK OF THE MONTH** 'JÓnasson is an automatic must-read for me ... possibly the best Scandi writer working today' Lee Child 'Is this the best crime writer in the world today? ... Truly a master of his genre' The Times 'The engaging Ari Thor returns in this darkly claustrophobic tale. Perfect mid-winter reading' Ann Cleeves 'A stunningly atmospheric story. Ari ThÓr Arason returns in this pitch-perfect, beautifully paced crime novel ... Ragnar JÓnasson is at the top of his game, and a master of the genre' Will Dean ______________ A blizzard is approaching SiglufjÖrður, and that can only mean one thing... When the body of a nineteen-year-old girl is found on the main street of SiglufjÖrður, Police Inspector Ari ThÓr battles a violent Icelandic storm in an increasingly dangerous hunt for her killer ... The chilling, claustrophobic finale to the international bestselling Dark Iceland series. Easter weekend is approaching, and snow is gently falling in SiglufjÖrður, the northernmost town in Iceland, as crowds of tourists arrive to visit the majestic ski slopes. Ari ThÓr Arason is now a police inspector, but he's separated from his girlfriend, who lives in Sweden with their three-year-old son. A family reunion is planned for the holiday, but a violent blizzard is threatening and there is an unsettling chill in the air. Three days before Easter, a nineteen-year-old local girl falls to her death from the balcony of a house on the main street. A perplexing entry in her diary suggests that this may not be an accident, and when an old man in a local nursing home writes 'She was murdered' again and again on the wall of his room, there is every suggestion that something more sinister lies at the heart of her death... As the extreme weather closes in, cutting the power and access to SiglufjÖrður, Ari ThÓr must piece together the puzzle to reveal a horrible truth ... one that will leave no one unscathed. Chilling, claustrophobic and disturbing, Winterkill is a startling addition to the multi-million-copy bestselling Dark Iceland series and cements Ragnar JÓnasson as one of the most exciting and acclaimed authors in crime fiction. _______________ Praise for Ragnar JÓnasson'A sinister twisted tragedy' The Times 'If Iceland missed out on the Golden Age of crime writing, the country – and Jonasson – is certainly making up for it now' Sunday Times 'Outstanding ... Series fans will be sorry to see the last of Ari ThÓr' Publishers Weekly 'Jonasson's Dark Iceland novels are instant classics' William Ryan 'JÓnasson's punchy, straightforward prose is engrossing ... A diverting mystery' Foreword Reviews 'Consummate crime writing ... poignant and disturbing' New Books Magazine 'Chilling, creepy, perceptive, almost unbearably tense' Ian Rankin 'A tense, gripping read' Anthony Horowitz 'Icelandic noir of the highest order, with JÓnasson's atmospheric sense of place, and his heroine's unerring humanity shining from every page' Daily Mail 'Ragnar JÓna
Whiteout
Author: Ragnar Jónasson
Publisher: Orenda Books
ISBN: 1910633909
Category : Fiction
Languages : en
Pages : 268
Book Description
THE FOURTH INSTALMENT IN THE INTERNATIONAL BESTSELLING DARK ICELAND SERIES OVER A MILLION COPIES SOLD When the body of a young woman is found dead beneath the cliffs of the deserted Icelandic village of Kálfshamarvík, police officer Ari Thór Arason uncovers a startling and terrifying connection to an earlier series of deaths, as the killer remains on the loose... 'Jónasson's books have breathed new life into Nordic noir' Sunday Express 'Jónasson skilfully alternates points of view and shifts of time ... The action builds to a shattering climax' Publishers Weekly ________________ Two days before Christmas, a young woman is found dead beneath the cliffs of the deserted village of Kálfshamarvík. Did she jump, or did something more sinister take place beneath the lighthouse and the abandoned old house on the remote rocky outcrop? With winter closing in and the snow falling relentlessly, Ari Thór Arason discovers that the victim's mother and young sister also lost their lives in this same spot, twenty-five years earlier. As the dark history and its secrets of the village are unveiled, and the death toll begins to rise, the Siglufjordur detectives must race against the clock to find the killer, before another tragedy takes place. Dark, chilling and complex, Whiteout is a haunting, atmospheric and stunningly plotted thriller from one of Iceland's bestselling crime writers. ________________ 'Traditional and beautifully finessed ...morally more equivocal than most traditional whodunnits, and it offers alluring glimpses of darker, and infinitely more threatening horizons' Andrew Taylor, Independent 'Jónasson has come up with a bleak plot and characters, but his evocation of Iceland's chilly landscape is hard to put down' Sunday Times 'A distinctive blend of Nordic Noir and Golden Age detective fiction ... masterful' Laura Wilson, Guardian 'Required reading' New York Post 'Puts a lively, sophisticated spin on the Agatha Christie model, taking it down intriguing dark alleys' Kirkus Reviews 'The best sort of gloomy storytelling' Chicago Tribune 'The prose is stark and minimal, the mood dank and frost-tipped. It's also bleakly brilliant, although perhaps best read with a warming shot of whisky by your side' Metro 'A classic crime story seen through a uniquely Icelandic lens ... first rate and highly recommended' Lee Child 'Ragnar Jónasson writes with a chilling, poetic beauty - a must-read' Peter James 'A modern take on an Agatha Christie-style mystery, as twisty as any slalom' Ian Rankin 'Seductive ... Ragnar does claustrophobia beautifully' Ann Cleeves
Publisher: Orenda Books
ISBN: 1910633909
Category : Fiction
Languages : en
Pages : 268
Book Description
THE FOURTH INSTALMENT IN THE INTERNATIONAL BESTSELLING DARK ICELAND SERIES OVER A MILLION COPIES SOLD When the body of a young woman is found dead beneath the cliffs of the deserted Icelandic village of Kálfshamarvík, police officer Ari Thór Arason uncovers a startling and terrifying connection to an earlier series of deaths, as the killer remains on the loose... 'Jónasson's books have breathed new life into Nordic noir' Sunday Express 'Jónasson skilfully alternates points of view and shifts of time ... The action builds to a shattering climax' Publishers Weekly ________________ Two days before Christmas, a young woman is found dead beneath the cliffs of the deserted village of Kálfshamarvík. Did she jump, or did something more sinister take place beneath the lighthouse and the abandoned old house on the remote rocky outcrop? With winter closing in and the snow falling relentlessly, Ari Thór Arason discovers that the victim's mother and young sister also lost their lives in this same spot, twenty-five years earlier. As the dark history and its secrets of the village are unveiled, and the death toll begins to rise, the Siglufjordur detectives must race against the clock to find the killer, before another tragedy takes place. Dark, chilling and complex, Whiteout is a haunting, atmospheric and stunningly plotted thriller from one of Iceland's bestselling crime writers. ________________ 'Traditional and beautifully finessed ...morally more equivocal than most traditional whodunnits, and it offers alluring glimpses of darker, and infinitely more threatening horizons' Andrew Taylor, Independent 'Jónasson has come up with a bleak plot and characters, but his evocation of Iceland's chilly landscape is hard to put down' Sunday Times 'A distinctive blend of Nordic Noir and Golden Age detective fiction ... masterful' Laura Wilson, Guardian 'Required reading' New York Post 'Puts a lively, sophisticated spin on the Agatha Christie model, taking it down intriguing dark alleys' Kirkus Reviews 'The best sort of gloomy storytelling' Chicago Tribune 'The prose is stark and minimal, the mood dank and frost-tipped. It's also bleakly brilliant, although perhaps best read with a warming shot of whisky by your side' Metro 'A classic crime story seen through a uniquely Icelandic lens ... first rate and highly recommended' Lee Child 'Ragnar Jónasson writes with a chilling, poetic beauty - a must-read' Peter James 'A modern take on an Agatha Christie-style mystery, as twisty as any slalom' Ian Rankin 'Seductive ... Ragnar does claustrophobia beautifully' Ann Cleeves
Knitting with Icelandic Wool
Author: Vedis Jonsdottir
Publisher: St. Martin's Griffin
ISBN: 9781250024800
Category : Crafts & Hobbies
Languages : en
Pages : 0
Book Description
A perfect gift book for crafty clothiers, Vedis Jonsdottir's Knitting with Icelandic Wool is an exceptional resource for all knitters looking for new designs or traditional styles with a modern twist to make in this uniquely lightweight bulky yarn known as Lopi. One of the best known types of yarn, Icelandic wool or Lopi is used to make sweaters that have a long-lasting and classic appeal. This 100% pure wool yarn is lighter, warmer, and more water-resistant than yarns from elsewhere, as the long-coated native Icelandic sheep have developed over time to ensure as much protection as possible from the harsh northern climate, giving the wool its special properties. With over sixty-five gorgeous designs, there are patterns for a range of garments for the whole family—from variations on the traditional Icelandic yoked sweaters to smaller projects such as wooly hats, socks, and scarves, to stunning lacy garments and other more contemporary designs—all knit in different weights of Icelandic wool. For all of the patterns complete step-by-step instructions are paired with easy-to-follow lace and color knitting charts, and all the stitches, techniques, and abbreviations you need—including how to work two-color knitting—and more are in the back. Beautifully photographed in Iceland and created in collaboration with Iceland's largest wool manufacturer, Ístex, the book includes a brief history on the emergence of the Icelandic Lopi sweater and the Icelandic wool industry.
Publisher: St. Martin's Griffin
ISBN: 9781250024800
Category : Crafts & Hobbies
Languages : en
Pages : 0
Book Description
A perfect gift book for crafty clothiers, Vedis Jonsdottir's Knitting with Icelandic Wool is an exceptional resource for all knitters looking for new designs or traditional styles with a modern twist to make in this uniquely lightweight bulky yarn known as Lopi. One of the best known types of yarn, Icelandic wool or Lopi is used to make sweaters that have a long-lasting and classic appeal. This 100% pure wool yarn is lighter, warmer, and more water-resistant than yarns from elsewhere, as the long-coated native Icelandic sheep have developed over time to ensure as much protection as possible from the harsh northern climate, giving the wool its special properties. With over sixty-five gorgeous designs, there are patterns for a range of garments for the whole family—from variations on the traditional Icelandic yoked sweaters to smaller projects such as wooly hats, socks, and scarves, to stunning lacy garments and other more contemporary designs—all knit in different weights of Icelandic wool. For all of the patterns complete step-by-step instructions are paired with easy-to-follow lace and color knitting charts, and all the stitches, techniques, and abbreviations you need—including how to work two-color knitting—and more are in the back. Beautifully photographed in Iceland and created in collaboration with Iceland's largest wool manufacturer, Ístex, the book includes a brief history on the emergence of the Icelandic Lopi sweater and the Icelandic wool industry.
Iceland, Defrosted
Author: Edward Hancox
Publisher: Silverwood Books
ISBN: 9781781325810
Category :
Languages : en
Pages :
Book Description
This is the story of one Englishman's obsession with a half-frozen, roughly duck-shaped island in the cold North Atlantic. 'Iceland, Defrosted' is less about wars over cod, flight-halting volcanoes and globe-shattering financiers, and more about relaxing
Publisher: Silverwood Books
ISBN: 9781781325810
Category :
Languages : en
Pages :
Book Description
This is the story of one Englishman's obsession with a half-frozen, roughly duck-shaped island in the cold North Atlantic. 'Iceland, Defrosted' is less about wars over cod, flight-halting volcanoes and globe-shattering financiers, and more about relaxing
Iceland Review
Author:
Publisher:
ISBN:
Category : Iceland
Languages : en
Pages : 346
Book Description
Publisher:
ISBN:
Category : Iceland
Languages : en
Pages : 346
Book Description
The End of Iceland's Innocence
Author: Daniel Chartier
Publisher: University of Ottawa Press
ISBN: 077660760X
Category : Business & Economics
Languages : en
Pages : 241
Book Description
A portrait of Iceland through the eyes of the international media before and after their total economic collapse. In the space of a few days, one of the world's richest and most egalitarian nations, Iceland, toppled into financial chaos and sunk into an economic, ethical, moral and identity crisis. The vast empire built by Iceland's young entrepreneurs, the "new Vikings"--who had propelled the country to the top of wealth, equality and happiness charts--collapsed under the combined effect of the failure of its banks and astronomical debt (more than ten times the country's gross domestic product). Iceland became, in the midst of the global economic crisis, an icon of disaster that troubles all Western countries seeking to understand how the Scandinavian model could collapse so suddenly. In this book, Daniel Chartier traces, through thousands of articles appearing in the foreign press, the fascinating reversal of Iceland's image during the crisis. Citizens of a country now humiliated, Icelanders must deal with a number of significant issues including the quest for wealth, sovereignty, ethics, responsibility, gender and the limits of neoliberalism. Published in English.
Publisher: University of Ottawa Press
ISBN: 077660760X
Category : Business & Economics
Languages : en
Pages : 241
Book Description
A portrait of Iceland through the eyes of the international media before and after their total economic collapse. In the space of a few days, one of the world's richest and most egalitarian nations, Iceland, toppled into financial chaos and sunk into an economic, ethical, moral and identity crisis. The vast empire built by Iceland's young entrepreneurs, the "new Vikings"--who had propelled the country to the top of wealth, equality and happiness charts--collapsed under the combined effect of the failure of its banks and astronomical debt (more than ten times the country's gross domestic product). Iceland became, in the midst of the global economic crisis, an icon of disaster that troubles all Western countries seeking to understand how the Scandinavian model could collapse so suddenly. In this book, Daniel Chartier traces, through thousands of articles appearing in the foreign press, the fascinating reversal of Iceland's image during the crisis. Citizens of a country now humiliated, Icelanders must deal with a number of significant issues including the quest for wealth, sovereignty, ethics, responsibility, gender and the limits of neoliberalism. Published in English.
Iceland
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 147550313X
Category : Business & Economics
Languages : en
Pages : 33
Book Description
The ex-post evaluation of Iceland’s Exceptional Access under the 2008 Stand-By Arrangement is presented. In the wake of the global financial crisis in late 2008, Iceland has experienced a deep financial and economic crisis of its own. Domestically, the rapid increase in lending fuelled bubbles in all asset classes, particularly the stock market and real estate. Inflated asset prices and nontransparent cross-financing and related party lending between banks and holding companies helped mask poor asset quality and facilitated the financing of credit expansion by borrowing abroad, increasing vulnerability.
Publisher: International Monetary Fund
ISBN: 147550313X
Category : Business & Economics
Languages : en
Pages : 33
Book Description
The ex-post evaluation of Iceland’s Exceptional Access under the 2008 Stand-By Arrangement is presented. In the wake of the global financial crisis in late 2008, Iceland has experienced a deep financial and economic crisis of its own. Domestically, the rapid increase in lending fuelled bubbles in all asset classes, particularly the stock market and real estate. Inflated asset prices and nontransparent cross-financing and related party lending between banks and holding companies helped mask poor asset quality and facilitated the financing of credit expansion by borrowing abroad, increasing vulnerability.