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Iceland: Staff Report for the 2001 Article IV Consultation

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  • International Monetary Fund

Abstract

Iceland has benefited from the policy reorientation introduced just over a decade ago. The emergence of domestic and external imbalances in recent years, however, is cause for concern. An urgent task is to lower the risk exposure of the financial system. The adoption of an inflation targeting framework for monetary policy is commended. Fiscal policy should address the domestic and external imbalances. The intention to reinvigorate the privatization program is welcome. The government should continue to reduce the unfunded liability of the state employee pension scheme.

Suggested Citation

  • International Monetary Fund, 2001. "Iceland: Staff Report for the 2001 Article IV Consultation," IMF Staff Country Reports 2001/081, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2001/081
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    Cited by:

    1. Duffy, David & Hore, Jonathan & MacCoille, Conall & McCoy, Daniel, 2001. "Budget 2002: Macroeconomic Context and Fiscal Stance," Papers BP2002/1, Economic and Social Research Institute (ESRI).
    2. Michal Brzoza-Brzezina, 2005. "Lending Booms in Europe’s Periphery: South-Western Lessons for Central-Eastern Members," Macroeconomics 0502002, University Library of Munich, Germany.
    3. Wee Chian Koh & M. Ayhan Kose & Peter S. Nagle & Franziska L. Ohnsorge & Naotaka Sugawara, 2020. "Debt and Financial Crises," Koç University-TUSIAD Economic Research Forum Working Papers 2001, Koc University-TUSIAD Economic Research Forum.
    4. Brzoza-Brzezina, Michał, 2005. "Lending booms in the new EU Member States: will euro adoption matter?," Working Paper Series 543, European Central Bank.
    5. Mariusz Jarmuzek & Mr. Biswajit Banerjee, 2009. "Anatomy of Regional Disparities in the Slovak Republic," IMF Working Papers 2009/145, International Monetary Fund.
    6. AfDB AfDB, . "Africa Competitiveness Report 2009," Africa Competitiveness Report, African Development Bank, number 11 edited by Adeleke Oluwole Salami, December.
    7. repec:esr:chaptr:jacb200113 is not listed on IDEAS
    8. World Bank, 2004. "Poverty in Guatemala," World Bank Publications - Books, The World Bank Group, number 15066.

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