OECD Economic Surveys: Iceland

Frequency :
Every 18 months
1999-0308 (online)
1995-3240 (print)
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OECD’s periodic surveys of the Icelandic economy. Each edition surveys the major challenges faced by the country, evaluates the short-term outlook, and makes specific policy recommendations. Special chapters take a more detailed look at specific challenges. Extensive statistical information is included in charts and graphs.

Also available in: French
OECD Economic Surveys: Iceland 1998

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11 June 1998
Pages :
9789264151420 (PDF) ; 9789264159914 (print)

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This 1998 edition of OECD's periodic review of Iceland's economy examines recent economic developments, policies and prospects.  It includes a special feature on financial deregulation and other structural policies.

Also available in: French
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Table of Contents

Assessment and recommendations
I. Recent trends and prospects
The economy is approaching capacity limits
-... as business investment strengthens
-... personal demand expands...
-... and public spending increases
-As a result, the labour market is tightening, and wages are accelerating
-... but price inflation remains subdued
-The current account deficit has widened as imports surged...
-... and the mix of fish exports became unfavourable...
-... though the stock of cod is recovering
-Short-term outlook
-Medium-term prospects
II. Macroeconomic policies
Monetary management
-The fiscal stance
III. Deregulation of the financial sector
Reforming financial markets
-Reforming financial institutions
-Scope for further action
IV. Other structural policy developments
Labour market
-Competition policy and deregulation
-Modernisation of the public sector
-Other structural initiatives
-Concluding remarks 
alendar of main economic events
Statistical annex and structural indicators