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Iceland : 2002 Article IV consultation : staff report, public information notice on the Executive Board discussion, and statement by the Executive Director for Iceland.

Author: International Monetary Fund.
Publisher: Washington, D.C. : International Monetary Fund, 2002.
Series: IMF country report, no. 02/130.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
This 2002 Article IV Consultation highlights that the economic developments in Iceland since early 2001 have been characterized by progress in the correction of some of the imbalances. As sentiment turned, the currency depreciated sharply and growth in economic activity decelerated from 5{u00BD} percent in 2000 to 3 percent in 2001{u2014}bringing it closer to its long-term sustainable pace. The balance of demand  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Iceland, 2002 Article IV consultation.
Washington, D.C. : International Monetary Fund, 2002
(OCoLC)50431461
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund.
ISBN: 1280894539 9781280894534
OCLC Number: 694441070
Description: 1 online resource (45, 6, 3 pages) : illustrations.
Series Title: IMF country report, no. 02/130.
Other Titles: Iceland, two-thousand and two Article Four consultation
Iceland, 2002 Article IV consultation

Abstract:

This 2002 Article IV Consultation highlights that the economic developments in Iceland since early 2001 have been characterized by progress in the correction of some of the imbalances. As sentiment turned, the currency depreciated sharply and growth in economic activity decelerated from 5{u00BD} percent in 2000 to 3 percent in 2001{u2014}bringing it closer to its long-term sustainable pace. The balance of demand switched swiftly from consumption and other domestic expenditure to net exports and, as a result, the current account deficit fell to about 4{u00BD} percent of GDP.

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