Cover	1
	Half-Title	2
	Title	4
	Copyright	5
	Contents	6
	List of Figures	8
	List of Tables	12
	Notes on the Contributors	14
	1 Introduction	15
	2 The Chapters in this Volume	27
	3 Privatization and Deregulation: a Chronology of Events	40
	Part I International Organizations and the Central Bank of Iceland	55
	4 International Monetary Fund, Article IV Consultations 2006 and 2008	56
	5 OECD Economic Survey of Iceland, 2006 and 2008	63
	6 Central Bank of Iceland Financial Stability Reports 2006–8	67
	Part II Other Reports	87
	7 Iceland – Macro Imbalances Trigger Negative Outlook	88
	8 Iceland: Geyser Crisis	100
	9 Financial Stability in Iceland	118
	10 The Internationalization of Iceland’s Financial Sector	171
	11 The Icelandic Banking Crisis and What to Do about it: the Lender of Last Resort Theory of Optimal Currency Areas	252
	12 Iceland on the Brink? Options for a Small, Financially Active Economy in the Current Financial Crisis Environment	287
	13 Events in Iceland: Skating on Thin Ice?	301
	14 A Spending Spree	307
	15 Monetary Turbulence and the Icelandic Economy	313
	Part III Lessons for Other Countries	338
	16 Overbanked and Undersized: Lessons from Iceland	339
	Appendix: Statistical Tables	351
	Index	353