2011 OECD Economic Surveys: Iceland 2011

image of OECD Economic Surveys: Iceland 2011

The 2011 edition of OECD's periodic economic review of Iceland's economy.  This edition includes chapters covering restoring the financial sector, securing sustainable public finances, returning to work in Iceland, and ensuring a sustainable and efficient fishery.

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Executive summary

Iceland is resolving the economic problems left by the financial crisis. It is well advanced in implementing the comprehensive programme agreed with the IMF. The economy stopped contracting by late 2010 and a consumption and business investment-led recovery is projected to gather momentum, lifting economic growth to 3 per cent by 2012. Inflation is projected to remain low and the underlying current account surplus to be sustained.

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