Currency crises: The case of Iceland
This paper tries to explain the recent currency crisis in Iceland and draw some policy lessons. It shows that the recent currency crisis in Iceland is mainly due to a loose monetary policy preceding the crisis. Structural reforms which could have prevented the occurrence of the crisis were missing.
Year of publication: |
2009
|
---|---|
Authors: | Liargovas, Panagiotis ; Dapontas, Dimitrios |
Institutions: | Department of Economics, University of Peloponnese |
Saved in:
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