Lessons from Icesave: How International Pressure Can Produce a Nationalist Backlash

Oddný Helgadóttir, Jón Gunnar Ólafsson

Research output: Other contributionNet publication - Internet publicationCommunication


Iceland held two referendums in 2010 and 2011 on whether the country’s government should insure British and Dutch deposits in the Icelandic bank Landsbanki, which went bankrupt during the financial crisis. Oddný Helgadóttir and Jón Gunnar Ólafsson write that the saga demonstrated how external pressure can foster nationalist discourses and reduce the scope for compromise in international disputes.
Original languageEnglish
Publication date10 Jun 2021
Place of PublicationLondon
PublisherThe London School of Economics and Political Science, LSE
Publication statusPublished - 10 Jun 2021

Cite this