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Iceland as Icarus

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  • Robert Wade

Abstract

Did Iceland fly too close to the sun? We have rarely had a case when a nation so avidly adopted an economic model that was bound to fail. Iceland became the poster child for this economic crisis. Robert Wade documents it graphically.

Suggested Citation

  • Robert Wade, 2009. "Iceland as Icarus," Challenge, Taylor & Francis Journals, vol. 52(3), pages 5-33.
    • Handle: RePEc:mes:challe:v:52:y:2009:i:3:p:5-33
    DOI: 10.2753/0577-5132520301
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    Cited by:

    1. Virginie Mamadouh & Luiza Bialasiewicz & Alun Jones & Julian Clark, 2016. "Contemporary Geopolitical Positionings of Iceland Towards ‘Europe’ and the Nordic States," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 107(2), pages 147-161, April.
    2. Throstur Sigurjonsson & Vlad Vaiman & Audur Arnardottir, 2014. "The Role of Business Schools in Ethics Education in Iceland: The Managers’ Perspective," Journal of Business Ethics, Springer, vol. 122(1), pages 25-38, June.
    3. Karl Benediktsson & Stanley D. Brunn, 2015. "Time Zone Politics and Challenges of Globalisation," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 106(3), pages 276-290, July.
    4. Throstur Sigurjonsson & Audur Arnardottir & Vlad Vaiman & Pall Rikhardsson, 2015. "Managers’ Views on Ethics Education in Business Schools: An Empirical Study," Journal of Business Ethics, Springer, vol. 130(1), pages 1-13, August.
    5. Erik Larson, 2017. "Demand for credit, international financial legitimacy, and vulnerability to crises: Regulatory change and the social origins of Iceland's collapse," Regulation & Governance, John Wiley & Sons, vol. 11(2), pages 185-202, June.
    6. Bholat, David & Gray, Joanna, 2013. "Organizational form as a source of systemic risk," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 7, pages 1-35.
    7. Vlad Vaiman & Throstur Sigurjonsson & Páll Davídsson, 2011. "Weak Business Culture as an Antecedent of Economic Crisis: The Case of Iceland," Journal of Business Ethics, Springer, vol. 98(2), pages 259-272, January.

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