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OECD Economic Surveys: Iceland 2009
Published on September 2009

                                                                                                        Report Summary

This 2009 edition of OECD's periodic survey of Iceland's economy examines the impact of the financial crisis and makes
recommendation on how it should be managed.




                                                                                                        Table of Content



Executive Summary
Assessment and Recommendations
Chapter 1. The Financial and Economic Crisis
-Iceland's three main banks became vulnerable to a deterioration in global financial markets
-Private sector balance sheets became vulnerable after a rapid expansion
-An unsustainable, domestic-demand led economic boom developed
-The banks were unable to resist the deterioration in global financial markets
-Aftermath of the collapse of Iceland's main banks
-Prudential supervision and regulation need to be strengthened
-Annex 1.A1. Progress in structural reform
Chapter 2. Challenging Times for Monetary and Fiscal Policy
-The limits of monetary policy in a very small open economy
-The future of monetary policy
-Substantial fiscal consolidation measures are urgently needed
-Measures to increase public revenues
-Measures to contain public spending
-Concluding remarks
-Bibliography




OECD Economic Surveys: Iceland 2009                                                                                      Page 1/3
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OECD Economic Surveys: Iceland 2009                                                                                   Page 3/3

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OECD Economic Surveys: Iceland 2009

  • 1. Find Industry reports, Company profiles ReportLinker and Market Statistics >> Get this Report Now by email! OECD Economic Surveys: Iceland 2009 Published on September 2009 Report Summary This 2009 edition of OECD's periodic survey of Iceland's economy examines the impact of the financial crisis and makes recommendation on how it should be managed. Table of Content Executive Summary Assessment and Recommendations Chapter 1. The Financial and Economic Crisis -Iceland's three main banks became vulnerable to a deterioration in global financial markets -Private sector balance sheets became vulnerable after a rapid expansion -An unsustainable, domestic-demand led economic boom developed -The banks were unable to resist the deterioration in global financial markets -Aftermath of the collapse of Iceland's main banks -Prudential supervision and regulation need to be strengthened -Annex 1.A1. Progress in structural reform Chapter 2. Challenging Times for Monetary and Fiscal Policy -The limits of monetary policy in a very small open economy -The future of monetary policy -Substantial fiscal consolidation measures are urgently needed -Measures to increase public revenues -Measures to contain public spending -Concluding remarks -Bibliography OECD Economic Surveys: Iceland 2009 Page 1/3
  • 2. Find Industry reports, Company profiles ReportLinker and Market Statistics Fax Order Form To place an order via fax simply print this form, fill in the information below and fax the completed form to: Europe, Middle East and Africa : + 33 4 37 37 15 56 Asia, Oceania and America : + 1 (805) 617 17 93 If you have any questions please visit http://www.reportlinker.com/notify/contact Order Information Please verify that the product information is correct and select the format(s) you require. OECD Economic Surveys: Iceland 2009 Product Formats Please select the product formats and the quantity you require. Digital Copy--USD 48.75 Quantity: _____ Contact Information Please enter all the information below in BLOCK CAPITALS Title: Mr Mrs Dr Miss Ms Prof First Name: _____________________________ Last Name: __________________________________ Email Address: __________________________________________________________________________ Job Title: __________________________________________________________________________ Organization: __________________________________________________________________________ Address: __________________________________________________________________________ City: __________________________________________________________________________ Postal / Zip Code: __________________________________________________________________________ Country: __________________________________________________________________________ Phone Number: __________________________________________________________________________ Fax Number: __________________________________________________________________________ OECD Economic Surveys: Iceland 2009 Page 2/3
  • 3. Find Industry reports, Company profiles ReportLinker and Market Statistics Payment Information Please indicate the payment method, you would like to use by selecting the appropriate box. Payment by credit card Card Number: ______________________________________________ Expiry Date __________ / _________ CVV Number _____________________ Card Type (ex: Visa, Amex…) _________________________________ Payment by wire transfer Crédit Mutuel RIB : 10278 07314 00020257701 89 BIC : CMCIFR2A IBAN : FR76 1027 8073 1400 0202 5770 189 Payment by check UBIQUICK SAS 16 rue Grenette – 69002 LYON, FRANCE Customer signature:   Please note that by ordering from Reportlinker you are agreeing to our Terms and Conditions at http://www.reportlinker.com/index/terms Please fax this form to: Europe, Middle East and Africa : + 33 4 37 37 15 56 Asia, Oceania and America : + 1 (805) 617 17 93 OECD Economic Surveys: Iceland 2009 Page 3/3