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The Icelandic edition of “In the Combat Zone of Finance” conquers a place on the list of Icelandic bestselling books in October 2019

In The Combat Zone of Finance: The Book

By Svein Harald Øygard, interim Central Bank Governor of Iceland in 2009, after the crash.

Iceland is considered a symbol of the global financial crisis in 2008. Not only were they hit hardest among the affected countries, they also recovered the fastest. Svein Harald Øygard held the position of interim Governor of Iceland in 2009, following the crash. This book takes you behind the scenes ahead of the crisis and its aftermath, as global financial and political forces converged in the tiny country of Iceland.

Release Dates

  • Norway (Norwegian)
    May 28th, 2019
  • Iceland (Icelandic)
    October 1st, 2019
  • UK/World English (English)
    February 20th, 2020
  • The US
    May 19th, 2020
  • China (Simplified Chinese)
    Mid-2020

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About Svein Harald Øygard

Svein Harald Øygard held the position of interim Central Bank Governor of Iceland in 2009, following the crash. Between 1990 and 1994 he was the Deputy Minister of Finance in Norway and took part in the team that addressed the Norwegian banking,- macro and currency crisis. He held the position of International Corporate Strategist at McKinsey & Company for 21 years, with a one-year break to become interim Central Bank Governor of Iceland. Øygard was brought into a country in severe crisis, becoming one of a handful of non-citizens ever to head a Central Bank. His role gave him a unique vision from which to observe Iceland, its inhabitants and institutions, as well as the forces of global banking, finance and economics. He witnessed the behaviour of institutions and leaders from the inside during one of the world’s worst crises.

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The arena of global finance

The basis for the crash was laid through half a decade as the leading players of global finance took a position on Iceland. Through the crash the political aspects became ever more important. Friends behaved as foes and new far away friends came to the rescue. Thereafter it again became a battle between some of the strongest forces of global finance. 20 of the 50 largest US hedge funds came to Iceland. The book tells the story.

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