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Iceland has made considerable progress under an economic program supported by the Stand-By Arrangement (SBA … underpinned the recovery. Executive Directors emphasized that Iceland should continue to build up its stock of international …
Persistent link: https://www.econbiz.de/10014402342
Iceland’s gross external debt rose above 600 percent of GDP, while households and corporations accumulated heavy debt … burdens with large exposures to foreign exchange and inflation risk. The global banking crisis exposed Iceland …
Persistent link: https://www.econbiz.de/10014402442
In this study, during 2008, the financial crisis lead Iceland’s public debt to soar from under 30 percent of GDP to … percent of GDP. First, external sustainability is overviewed, and second, growth of Iceland’s economy has been challenged, and … (DSA) suggests that Iceland’s external debt is sustainable but is vulnerable to depreciation shock …
Persistent link: https://www.econbiz.de/10014403545
Iceland’s 2008 Article IV Consultation shows that the long expansion is coming to an end, exposing the economy …
Persistent link: https://www.econbiz.de/10014404451
Iceland. Demand expanded faster than supply, and evidence of overheating is widespread. Monetary policy has tightened, but …
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Iceland’s 2005 Article IV Consultation reports that new projects have rekindled rapid growth and the economy is …
Persistent link: https://www.econbiz.de/10014406763
This Selected Issues paper for Iceland reports that it faces a considerably less favorable inflation-output variability …
Persistent link: https://www.econbiz.de/10014406764
This 2002 Article IV Consultation highlights that the economic developments in Iceland since early 2001 have been …
Persistent link: https://www.econbiz.de/10014407193