ICELAND AFTER THE CRISIS – OPPORTUNITIES AND THREATS FOR DEVELOPMENT

The article presents the current situation in Iceland. It outlines its ecnomic background and the causes of the past crisis. It also presents how it was overcome as well as what measures have been taken to avoid further breakdowns, as well as what conclusions resulted from it. Moreover, it indicates...

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Bibliographic Details
Published in:Poslovna izvrsnost - Business excellence
Main Author: Szymanik, Ewa
Format: Article in Journal/Newspaper
Language:English
Published: University of Zagreb, Faculty of Economics and Business Zagreb 2017
Subjects:
Iceland
crisis
opportunities
threats
development
Island
kriza
prilike
prijetnje
razvoj
Islanda
Online Access:https://hrcak.srce.hr/192704
https://hrcak.srce.hr/file/284327
Description
Summary:The article presents the current situation in Iceland. It outlines its ecnomic background and the causes of the past crisis. It also presents how it was overcome as well as what measures have been taken to avoid further breakdowns, as well as what conclusions resulted from it. Moreover, it indicates Island’s main advantages and draws attention to the weaknesses and potential sources of the next crises, as well as the importance of having its own currency for the restructuring process. Članak predstavlja trenutno stanje na Islandu. Daje naznake gospodarske pozadine i uzroka krize. Također opisuje kako je ona prevladana te koje su mjere poduzete kako bi se izbjegli daljnji potresi, kao i koje se pouke mogu izvući iz nje. Nadalje, ukazuje na glavne prednosti Islanda i skreće pozornost na slabosti i moguće izvore sljedeće krize, kao i na važnost postojanja vlastite valute za proces restrukturiranja.

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