Prime Time
Iceland and Ireland, similarities and differences...
Tuesday, 11 May 2010What's the difference between Ireland and Iceland? I set off with Prime Time last week to find out why the two countries' reactions to the economic crisis have been so vastly different.
There are stunning parallels in recent Irish and Icelandic history. We've both had an economic busts caused by a banking collapse which was, in turn, the result of a complete lack of governmental or regulatory oversight. Yet the differences between how each society has reacted to the events is perhaps more interesting.
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