Lessons from Iceland 's Experience in Anticrisis Activities
Iceland was the first European country which was severely hit by the financial crisis of 2008. The consequences of rapid increase in financial services and fast economic growth led to overheating in Icelandic economy and collapse of the banking sector. Iceland formulated a recovery program focused o...
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Uniwersytet Ekonomiczny w Katowicach
2013
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fttriple:oai:gotriple.eu:oai:bibliotekanauki.pl:587604 2023-05-15T16:43:37+02:00 Lessons from Iceland 's Experience in Anticrisis Activities Lekcje z doświadczeń Islandii w przeciwdziałaniu skutkom kryzysu finansowego Wajda-Lichy, Marta 2013-01-01 https://bibliotekanauki.pl/articles/587604.pdf https://bibliotekanauki.pl/articles/587604 pl pol Uniwersytet Ekonomiczny w Katowicach https://bibliotekanauki.pl/articles/587604.pdf https://bibliotekanauki.pl/articles/587604 other Studia Ekonomiczne; 2013, 170; 190-205 2083-8611 eco scipo Journal Article https://vocabularies.coar-repositories.org/resource_types/c_6501/ 2013 fttriple 2023-01-22T16:54:36Z Iceland was the first European country which was severely hit by the financial crisis of 2008. The consequences of rapid increase in financial services and fast economic growth led to overheating in Icelandic economy and collapse of the banking sector. Iceland formulated a recovery program focused on unusual element - capital control. Moreover, exchange rate stability, restructurization of debts and consolidation of public finance were also introduced as stabilization measures. Comparing to others European economies, like Greece or Spain, in 2011 the condition of Icelandic economy was better (higher rate of GDP growth, lower unemployment rate and public deficit). The strategy adopted by Iceland turned out to bring successful results, but there is a question whether it could be implemented in others economies. Article in Journal/Newspaper Iceland Unknown |
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eco scipo |
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eco scipo Wajda-Lichy, Marta Lessons from Iceland 's Experience in Anticrisis Activities |
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eco scipo |
description |
Iceland was the first European country which was severely hit by the financial crisis of 2008. The consequences of rapid increase in financial services and fast economic growth led to overheating in Icelandic economy and collapse of the banking sector. Iceland formulated a recovery program focused on unusual element - capital control. Moreover, exchange rate stability, restructurization of debts and consolidation of public finance were also introduced as stabilization measures. Comparing to others European economies, like Greece or Spain, in 2011 the condition of Icelandic economy was better (higher rate of GDP growth, lower unemployment rate and public deficit). The strategy adopted by Iceland turned out to bring successful results, but there is a question whether it could be implemented in others economies. |
format |
Article in Journal/Newspaper |
author |
Wajda-Lichy, Marta |
author_facet |
Wajda-Lichy, Marta |
author_sort |
Wajda-Lichy, Marta |
title |
Lessons from Iceland 's Experience in Anticrisis Activities |
title_short |
Lessons from Iceland 's Experience in Anticrisis Activities |
title_full |
Lessons from Iceland 's Experience in Anticrisis Activities |
title_fullStr |
Lessons from Iceland 's Experience in Anticrisis Activities |
title_full_unstemmed |
Lessons from Iceland 's Experience in Anticrisis Activities |
title_sort |
lessons from iceland 's experience in anticrisis activities |
publisher |
Uniwersytet Ekonomiczny w Katowicach |
publishDate |
2013 |
url |
https://bibliotekanauki.pl/articles/587604.pdf https://bibliotekanauki.pl/articles/587604 |
genre |
Iceland |
genre_facet |
Iceland |
op_source |
Studia Ekonomiczne; 2013, 170; 190-205 2083-8611 |
op_relation |
https://bibliotekanauki.pl/articles/587604.pdf https://bibliotekanauki.pl/articles/587604 |
op_rights |
other |
_version_ |
1766033951723356160 |