Tuesday 21 February 2017

2008 European Debt Crisis: Iceland (Entry 2)

Group Members
Iesha-Marie Walker
Edie Bensley
Gloria Manu
Arjun Robertson
Chloe Harrison-Steward
Nadine P.c.r. Benck


The group got together to discuss the restructuring of the overall policy brief as well as the research we have all done up to this point. We collectively realized that we needed to have more of a specific focus on Iceland's financial system within the EU, rather than the various institutions within Iceland that had suffered do to the crisis. As a result of this we allocated different areas of importance. These areas will be:

- Context and the Crisis

-The privatizationof the banking system, focusing on the three major Icelandic banks.  

-The reemergence of a welfare state structure and how this effects debt management. 

-Iceland's role and impact within the EEA as well as the issues facilitated by the European passport system.  

-The causes and effects of Foreign European Investment upon the Icelandic Financial system

-Our Recommendations and Critiques


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