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Author: Asgeir Jonsson
Publisher: McGraw Hill Professional
ISBN: 0071706739
Category : Business & Economics
Languages : en
Pages : 237
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Book Description
As late as the mid 1980s, Iceland’s economy revolved around little else than a semi-robust cod-fishing industry. By the end of the century, however, it had transformed itself into a major player in world finance, building an international banking empire worth twelve times its GDP. The tiny island nation of 300,000 was one of the global economy’s great success stories. And then everything came crashing down. Why Iceland? is the inside account of one of the economic meltdown’s most fascinating and far-reaching tragedies. As Chief Economist of Kaupthing Bank, the country’s largest bank before the collapse, Ásgeir Jónsson is perfectly suited to examine Iceland’s collapse in painstaking detail. He witnessed behind-the-scenes events firsthand, such as an intriguing meeting in January 2008 when a group of international hedge fund managers gathered in a bar in Reykjavik to discuss Iceland’s economy—an informal affair that eventually became the center of a criminal investigation by the country’s Financial Supervisory Authority. This inside account examines the pressing issues behind history’s biggest banking collapse: How did Iceland transform itself from one of Europe’s poorest to one of its wealthiest countries? What happened to cause the destruction of the nation’s banking industry during a single week of October 2008? Was it the result of a speculation “attack” by hedge funds on the nation’s currency? Iceland remains the biggest casualty of the economic downturn, and the ramifications of its catastrophic failure reach deeply into the economies of Europe, the United States, and other global markets. Ásgeir Jónsson offers a unique perspective and an expert’s insight into the rise and fall of this once-proud banking giant. Why Iceland? provides the who, what, where, and when of Iceland’s demise, serving as a fascinating read and providing the understanding necessary for forecasting when and where the aftershocks will shake up markets in other parts of the world. "Fearsome Vikings discovered Iceland. Hedge funds knocked it down. It was a humiliating tumble for the former financial powerhouse, which was proud of its status in Europe. A late bloomer, Iceland had been the last country in Europe to be settled, the Nordic nation rapidly caught up with its wealthier relations. It was all fine until October 2008, when country's banking system collapsed in a week. Written by an Icelandic economist, Why Iceland? chronicles the meltdown, in the context of the nation's history."--New York Post (A "Required Reading" Selection)
Author: Asgeir Jonsson
Publisher: McGraw Hill Professional
ISBN: 0071706739
Category : Business & Economics
Languages : en
Pages : 237
Get Book Here
Book Description
As late as the mid 1980s, Iceland’s economy revolved around little else than a semi-robust cod-fishing industry. By the end of the century, however, it had transformed itself into a major player in world finance, building an international banking empire worth twelve times its GDP. The tiny island nation of 300,000 was one of the global economy’s great success stories. And then everything came crashing down. Why Iceland? is the inside account of one of the economic meltdown’s most fascinating and far-reaching tragedies. As Chief Economist of Kaupthing Bank, the country’s largest bank before the collapse, Ásgeir Jónsson is perfectly suited to examine Iceland’s collapse in painstaking detail. He witnessed behind-the-scenes events firsthand, such as an intriguing meeting in January 2008 when a group of international hedge fund managers gathered in a bar in Reykjavik to discuss Iceland’s economy—an informal affair that eventually became the center of a criminal investigation by the country’s Financial Supervisory Authority. This inside account examines the pressing issues behind history’s biggest banking collapse: How did Iceland transform itself from one of Europe’s poorest to one of its wealthiest countries? What happened to cause the destruction of the nation’s banking industry during a single week of October 2008? Was it the result of a speculation “attack” by hedge funds on the nation’s currency? Iceland remains the biggest casualty of the economic downturn, and the ramifications of its catastrophic failure reach deeply into the economies of Europe, the United States, and other global markets. Ásgeir Jónsson offers a unique perspective and an expert’s insight into the rise and fall of this once-proud banking giant. Why Iceland? provides the who, what, where, and when of Iceland’s demise, serving as a fascinating read and providing the understanding necessary for forecasting when and where the aftershocks will shake up markets in other parts of the world. "Fearsome Vikings discovered Iceland. Hedge funds knocked it down. It was a humiliating tumble for the former financial powerhouse, which was proud of its status in Europe. A late bloomer, Iceland had been the last country in Europe to be settled, the Nordic nation rapidly caught up with its wealthier relations. It was all fine until October 2008, when country's banking system collapsed in a week. Written by an Icelandic economist, Why Iceland? chronicles the meltdown, in the context of the nation's history."--New York Post (A "Required Reading" Selection)
Author: Auður Ava Ólafsdóttir
Publisher: Grove Press
ISBN: 0802149243
Category : Fiction
Languages : en
Pages : 194
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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
Author: Nína Björk Jónsdóttir
Publisher: White Lion Publishing
ISBN: 0711267391
Category : Travel
Languages : en
Pages : 226
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Book Description
This ultimate guide to one of the world's most beautiful and fascinating island nations is packed with travel tips, cultural and historical facts, and insights from Icelanders into how we can all make our lives a little more Icelandic. Known as ‘The Land of Fire and Ice’, Iceland is a country of contrasts, from the enormous glaciers to the active volcanoes, the summer midnight sun to the briefest of winter days, the ancient language to the modern technological innovations. This is a nation with a rich and diverse culture as unique as its stunning landscapes. How to Live Icelandic is the ultimate insider’s guide to this northerly nation. You may have already tried skyr for breakfast and listened to Sigur Rós on your daily commute, but how much do you know about the real Iceland; the locals’ take on this one-of-a-kind island? Icelanders Nína Björk Jónsdóttir and Edda Magnus have put together the highlights of Icelandic music, literature, cultural attitudes, food traditions and celebrations so the rest of the world can benefit from the special blend of old Norse wisdom with liberal modern attitudes. This beautiful book is full of inspiration and insight into this progressive and peaceful nation that has freedom, community and equality at its core, revealing why Iceland remains one of the happiest countries in the world. From the How To Live... series of insightful guides to some of the most intriguing cultures and locations on the planet, other books available include How To Live Japanese, How To Live Korean and How to Live North.
Author: Eliza Reid
Publisher: Simon and Schuster
ISBN: 1982174048
Category : Biography & Autobiography
Languages : en
Pages : 288
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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.
Author: Margaret Willson
Publisher: University of Washington Press
ISBN: 0295806478
Category : History
Languages : en
Pages : 311
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Book Description
Finalist for the 2017 Washington State Book Award in General Nonfiction / History The plaque said this was the winter fishing hut of Thurídur Einarsdóttir, one of Iceland's greatest fishing captains, and that she lived from 1777 to 1863. "Wait," anthropologist and former seawoman Margaret Willson said. "She??" So began a quest. Were there more Icelandic seawomen? Most Icelanders said no, and, after all, in most parts of the world fishing is considered a male profession. What could she expect in Iceland? She found a surprise. This book is a glimpse into the lives of vibrant women who have braved the sea for centuries. Their accounts include the excitement, accidents, trials, and tribulations of fishing in Iceland from the historic times of small open rowboats to today's high-tech fisheries. Based on extensive historical and field research, Seawomen of Iceland allows the seawomen's voices to speak directly with strength, intelligence, and - above all - a knowledge of how to survive. This engaging ethnographic narrative will intrigue both general and academic readers interested in maritime culture, the anthropology of work, Nordic life, and gender studies.
Author: Hannah Kent
Publisher: Little, Brown
ISBN: 0316243906
Category : Fiction
Languages : en
Pages : 341
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Book Description
Set against Iceland's stark landscape, Hannah Kent brings to vivid life the story of Agnes, who, charged with the brutal murder of her former master, is sent to an isolated farm to await execution. Set against Iceland's stark landscape, Hannah Kent brings to vivid life the story of Agnes, who, charged with the brutal murder of her former master, is sent to an isolated farm to await execution. Horrified at the prospect of housing a convicted murderer, the family at first avoids Agnes. Only Tv=ti, a priest Agnes has mysteriously chosen to be her spiritual guardian, seeks to understand her. But as Agnes's death looms, the farmer's wife and their daughters learn there is another side to the sensational story they've heard. Riveting and rich with lyricism, Burial Rites evokes a dramatic existence in a distant time and place, and asks the question, how can one woman hope to endure when her life depends upon the stories told by others?
Author: Egill Bjarnason
Publisher: Icon Books
ISBN: 1785787667
Category :
Languages : en
Pages : 288
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Book Description
'A joyously peculiar book' - The New York Times 'A fascinating insight into Icelandic culture and a fresh perspective on her global influence. Warning: may well make readers wish they were Icelandic, too.' - Helen Russell, author of The Year of Living Danishly The untold story of how one tiny island in the middle of the Atlantic has shaped the world for centuries. The history of Iceland began 1,200 years ago, when a frustrated Viking captain and his useless navigator ran aground in the middle of the North Atlantic. Suddenly, the island was no longer just a layover for the Arctic tern. Instead, it became a nation whose diplomats and musicians, sailors and soldiers, volcanoes and flowers, quietly altered the globe forever. How Iceland Changed the World takes readers on a tour of history, showing them how Iceland played a pivotal role in events as diverse as the French Revolution, the Moon Landing, and the foundation of Israel. Again and again, one humble nation has found itself at the frontline of historic events, shaping the world as we know it - How Iceland Changed the World paints a lively picture of just how it all happened. 'Egill Bjarnason has written a delightful reminder that, when it comes to countries, size doesn't always matter. His writing is a pleasure to read, reminiscent of Bill Bryson or Louis Theroux. He has made sure we will never take Iceland for granted again.' A.J. Jacobs, New York Times bestselling author of Thanks a Thousand and The Year of Living Biblically 'Bjarnason's intriguing book might be about a cold place, but it's tailor-made to be read on the beach.' - New Statesman 'Egill Bjarnason places Iceland at the center of everything, and his narrative not only entertains but enlightens, uncovering unexpected connections.' Andri Snær, author of On Time and Water 'Icelander Egill Bjarnason takes us on a high-speed, rough-and-tumble ride through 1,000-plus years of history-from the discovery of America to Tolkien's muse, from the French Revolution to the NASA moonwalk, from Israel's birth to the first woman president-all to display his home island's mind-opening legacy.' Nancy Marie Brown, author of The Real Valkyrie and The Far Traveller 'I always assumed the history of Iceland had, by law or fate, to match the tone of an October morning: dark, gray, and uninviting to most mankind. This book challenges that assumption, and about time. Our past, much like the present, can be a little fun.' Jón Gnarr, former mayor of Reykjavík and author of The Pirate and The Outlaw 'How Iceland Changed the World is not only surprising and informative. It is amusing and evocatively animates a place that I have been fascinated with for most of my life. Well worth the read!' - Jane Smiley, Pulitzer Prize-winning author of A Thousand Acres 'An entertaining, offbeat (and pleasingly concise) history of the remote North Atlantic nation ... perfect for a summer getaway read' - The Critic
Author: Paul Sullivan
Publisher: Bobcat Books
ISBN: 0857124463
Category : Music
Languages : en
Pages : 377
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Book Description
Iceland is one of the most unique and fascinating countries in the world. A visually stunning island full of glaciers, volcanoes, lava fields and snow-capped mountains, the homeland of Bjork now boasts a thriving pop-music scene, its capital, Reykjavik, recently acquiring a reputation for being one of the most painfully hip locales in Europe. Once perceived as cold, isolated outpost, Iceland is now one of the continent's most desirable travel destinations. Set principally in Reykjavik, Waking Up In Iceland is a detailed guide to not only the music scene but also the city and country in general, providing advice on where to stay, places to visit for the musically minded and where to find guided tours for those essential day trips out.
Author: A.-K. Rademacher
Publisher: GRIN Verlag
ISBN: 3640768469
Category : Political Science
Languages : en
Pages : 48
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Book Description
Research Paper (undergraduate) from the year 2008 in the subject Politics - Region: Other States, grade: 1,3, University of Cooperative Education Mannheim, language: English, abstract: We're selling Iceland," quoted the Financial Times in November 2007 after an interview with Jon Olafsson, CEO of Icelandic Glacial. "The purity and coolness of the island - because Iceland is very cool and hip these days." Though this statement is refered to the water product, it demonstrated the high interest in the island itself. As many know, Iceland is the country where one can witness the phenomenons of Mother Nature: tremendous icecaps and several glaciers, raging rivers and magnificent waterfalls, spouting geysers and steaming solfatara, volcanoes, a multitude of birds and whales. The spectacular landscape is one reason why Iceland's tourism is successful. But in recent years Iceland also drew the attention of many industries to itself. For example, many technological and telecommuniational products have been outsourced in Europe towards Iceland as it provides many competitive advantages in these fields. Iceland is unique: it is the smallest economy in the world that has its own currency and a flexible exchange rate. It is also an advanced country with excellent institutions meaning low corruption index, the rule of law, a highly educated population and more (cf. Iceland Chamber of Commerce 2006). For most of the 1990s the island presented one of the highest consistent growth rates in the world and low inflation and unemployment. Particularly the resource management in the mainstay fisheries sector, price stability and diversification of the industry contributed to this economic record. The paper on hand gives an outline of the country. To begin with general information about the island is described. This includes demographic as well as historical and political aspects. The third chapter sketches the development and structure of the Icelandic economy. Current economic situation and main economic sectors are content of this section. Furthermore, the culture is described with the three pillars being religion, language and common history. Also the cultural dimensions of Hostede are analysed for Iceland. Moreover this paper provides an overview of the Icelandic education system. Finally upcoming topics and problems will be mentioned.
Author: Gunnar Karlsson
Publisher: U of Minnesota Press
ISBN: 9780816635894
Category : History
Languages : en
Pages : 436
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Book Description
Iceland is unique among European societies in having been founded as late as the Viking Age and in having copious written and archaeological sources about its origin. Gunnar Karlsson, that country's premier historian, chronicles the age of the Sagas, consulting them to describe an era without a monarch or central authority. Equating this prosperous time with the golden age of antiquity in world history, Karlsson then marks a correspondence between the Dark Ages of Europe and Iceland's "dreary period", which started with the loss of political independence in the late thirteenth century and culminated with an epoch of poverty and humility, especially during the early Modern Age. Iceland's renaissance came about with the successful struggle for independence in the nineteenth and early twentieth centuries, and with the industrial and technical modernization of the first half of the twentieth century. Karlsson describes the rise of nationalism as Iceland's mostly poor peasants set about breaking with Denmark, and he shows how Iceland in the twentieth century slowly caught up economically with its European neighbors.
