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Constitutions: Financial Crisis Can Lead to Change

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  • Thorvaldur Gylfason

Abstract

Many bemoan the fact that financial crisis and deep recession did not lead to constructive reform in most countries—at least not sufficient reform. But in Iceland it has led to attempts to rewrite the constitution for the better. Democratic government may well improve there.

Suggested Citation

  • Thorvaldur Gylfason, 2012. "Constitutions: Financial Crisis Can Lead to Change," Challenge, Taylor & Francis Journals, vol. 55(5), pages 106-122.
    • Handle: RePEc:mes:challe:v:55:y:2012:i:5:p:106-122
    DOI: 10.2753/0577-5132550506
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    References listed on IDEAS

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    1. Thorvaldur Gylfason, 2012. "From Collapse to Constitution: The Case of Iceland," CESifo Working Paper Series 3770, CESifo.
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    Cited by:

    1. Karthik Reddy & Moritz Schularick & Vasiliki Skreta, 2020. "Immunity," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 61(2), pages 531-564, May.
      • Karthik Reddy & Moritz Schularick & Vasiliki Skreta, 2012. "Immunity," Working Papers 12-17, New York University, Leonard N. Stern School of Business, Department of Economics.
      • Karthik Reddy & Moritz Schularick & Vasiliki Skreta, 2013. "Immunity," CESifo Working Paper Series 4445, CESifo.
      • Karthik Reddy & Moritz Schularick & Vasiliki Skreta, 2013. "Immunity," Working Papers 13-04, New York University, Leonard N. Stern School of Business, Department of Economics.
    2. Richard Waldron, 2019. "Financialization, Urban Governance and the Planning System: Utilizing ‘Development Viability’ as a Policy Narrative for the Liberalization of Ireland's Post‐Crash Planning System," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 43(4), pages 685-704, July.
    3. Thorvaldur Gylfason, 2014. "Iceland: How Could This Happen?," CESifo Working Paper Series 4605, CESifo.

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