Efnisyfirlit

• Cover Page
• Half Title page
• Series page
• Title Page
• Copyright Page
• Contents
• Figures
• Tables
• Notes on contributors
• Preface
• Abbreviations
• Introduction
  • Coming to terms with crisis
  • The macro- and micro-economic background
  • The politics of protest, debt, and justice
  • Constitutional reform as a societal transitional mechanism
  • Notes
  • Bibliography
• Part I The road to economic disaster
  • 1 Iceland's financial crisis An economic perspective
    • Macro-economic developments preceding the crisis
    • Financial escapades become visible
    • Social pressures drown voices of protest
    • The downturn and its causes
    • Conclusion
    • Notes
    • Bibliography
  • 2 The rise and fall of a financial empire Looking at the banking collapse from the inside out
    • The privatization process
    • The unsustainable expansion of the banking system
    • The banks' skyrocketing growth of assets
    • Questionable banking practices: cross-ownership and market manipulation
    • The point of no return
    • Conclusion
    • Notes
    • Bibliography
  • 3 The political economy of Iceland's boom and bust
    • Introduction
    • Accounting for financial crises
    • Regulation and empirical experience
    • Accounting for the Icelandic boom and bust
      • Policy precondition: the shift toward neoliberalism
    • Changed institutional environment
      • From banking privatization to a bubbling economy
    • Debt accumulation—how much and who did it?
    • Why did they do it?
      • Speculation: “Wall Street on the Tundra”
      • Increased inequality: big gains at the top
    • Conclusions
    • Notes
    • Bibliography
• Part II The political and societal responses to the crisis
  • 4 Political opportunity, framing, and mobilization in Iceland's post-crash protests
    • Grounded work
    • The emergence of political opportunity
    • Credibility crisis
    • Disruption of the taken-for-granted
    • Perception of opportunity
    • Framing the crisis
    • Emergence of a collective action frame
    • Exploring voices on the ground
    • Conclusion
    • Notes
    • Bibliography
  • 5 Contentious politics, political expediency, and the real costs of the Icesave debt
    • The context: a brief history of the Icesave dispute
    • Political process theory and theories of participatory governance
    • The Icesave dispute: the role of governance and democratic engagement
      • Icesave and the Icesave referenda as democratic achievement
      • Icesave and the Icesave referenda as political expediency
    • Conclusion
    • Notes
    • Bibliography
  • 6 Democratic practices, governance, and the financial crash
    • Investigations of the financial collapse
    • Policies of regulation
    • Political practices
    • The media and the public sphere
    • Weaknesses in Icelandic democratic culture
    • Post-crash democratic experiments
    • Conclusion
    • Notes
    • Bibliography
  • 7 The politics of transition, memory, and justice Assigning blame for the crisis
    • Introduction
    • Defining the nature of a societal shock
    • Juggling restorative and retributive justice
    • Conclusion
    • Notes
    • Bibliography
  • 8 The strategy of redistribution Iceland's way out of the crisis
    • Introduction
    • The policy debate: stimulus, austerity, or a mixed approach?
    • The strategy of redistribution
    • Iceland's progress through the crisis
    • Policy profiles: how to cut and not cut welfare expenditures
    • Activation stepped up
    • Poverty contained
    • Debt relief
    • Conclusions
    • Notes
    • References
• Part III The politics of Iceland's constitutional reform
  • 9 Icelandic constitution-making in comparative perspective1
    • Upstream moments
    • Midstream moments
    • Downstream moments
    • Upstream moments in Iceland
    • Midstream moments in Iceland
    • Downstream moments
    • Notes
    • Bibliography
  • 10 Constitution on ice
    • Historical background
    • The making of Iceland's post-crash constitution
    • Constitutional assembly elected
    • Enter the Supreme Court
    • National referendum
    • Parliament's turn
    • What went wrong?
    • Does the bill go too far?
    • What happened next
    • Some criticisms
    • Conclusion
    • Notes
    • Bibliography
  • 11 Constitutional revision A weak legislative framework compounded by political disputes
    • A unique task in unprecedented times: civil society and the crash
    • Rationalizing constitutional change in Iceland
    • Disputes over fundamental constitutional questions
    • Civil society and the constitutional process
    • Conclusion
    • Notes
    • Bibliography
  • 12 Constituent power and authorization Anatomy and failure of a constitution-making process
    • Theoretical approaches to constitution-making
    • Authorship and authorization: the case of Iceland
    • Conclusion
    • Notes
    • Bibliography
  • 13 The Constitutional Council Objectives and shortcomings of an innovative process
    • Motives for constitutional revision
    • Constitutional reforms: aims—and setbacks
    • The proposals of the Constitutional Council
    • Exercising the constituent power by drafting a constitution:an assessment
    • Conclusion
    • Notes
    • Bibliography
  • 14 The Constituent Assembly A study in failure
    • Public against Parliament: the activist face of the Constitutional Council
    • From clean slate to consensus: methodological weaknesses
    • We—the people: the public again
    • Transitional solidarity
    • Conclusion
    • Notes
    • Bibliography
• Index

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