01564cas a2200241 a 4500 AALejournalIMF000945 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451819212 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Iceland : Selected Issues. Washington, D.C. : International Monetary Fund, 1999. 1 online resource (146 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper focuses on the European Monetary Union and the monetary policy framework in Iceland. It concludes that in terms of an exchange rate regime, the two most realistic options for Iceland are to continue with the existing arrangement or adopt a unilateral peg to the euro. However, it is argued that both options entail the need for enhancing the independence of the central bank, which will require reforming the Central Bank of Iceland Act. The paper also discusses a Scandinavian forecasting model for inflation in Iceland. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1999/068 Full text available on IMF http://elibrary.imf.org/view/journals/002/1999/068/002.1999.issue-068-en.xml IMF e-Library