| Author (Corporate) | Organisation for Economic Co-operation and Development (OECD) |
|---|---|
| Publisher | OECD Publishing |
| Series Title | OECD Economic Surveys |
| Publication Date | 2013 |
| ISBN | 978-92-64-1830-8 |
| ISSN | 0376-6438 |
| Content Type | Report, Statistics |
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OECD's 2013 Economic Survey of Iceland examines recent economic developments, policies and prospects. It includes a special feature on reinforcing the public debt reduction strategy. Iceland’s economy is recovering at a moderate pace and is now more balanced than before the crisis, although more remains to be done in private-sector deleveraging, reducing non-performing loans and lowering external indebtedness. Economic growth should gain momentum in 2014, led by a large increase in energy-intensive investment. To increase economic growth on a lasting basis and better manage risks, capital controls need to be removed in an orderly fashion, monetary and financial stability arrangements strengthened and the government debt-to-GDP ratio reduced to more prudent levels. |
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| Source Link | Link to Main Source http://www.keepeek.com/Digital-Asset-Management/oecd/economics/oecd-economic-surveys-iceland-2013_eco_surveys-isl-2013-en |
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| Countries / Regions | Iceland |
