Iceland : Staff Report for the 2001 Article IV Consultation.

Iceland has benefited from the policy reorientation introduced just over a decade ago. The emergence of domestic and external imbalances in recent years, however, is cause for concern. An urgent task is to lower the risk exposure of the financial system. The adoption of an inflation targeting framew...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Staff Country Reports; Country Report ; No. 2001/081
Online Access:Full text available on IMF
Description
Summary:Iceland has benefited from the policy reorientation introduced just over a decade ago. The emergence of domestic and external imbalances in recent years, however, is cause for concern. An urgent task is to lower the risk exposure of the financial system. The adoption of an inflation targeting framework for monetary policy is commended. Fiscal policy should address the domestic and external imbalances. The intention to reinvigorate the privatization program is welcome. The government should continue to reduce the unfunded liability of the state employee pension scheme.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (49 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students