Iceland : staff report for first review under stand-by arrangement and requests for extension of the arrangement, waivers of nonobservance of performance criteria, and rephasing of access /

Saved in:

Bibliographic Details
Imprint:	Washington, D.C. : International Monetary Fund, ©2009.
Description:	1 online resource (84, 3, 2, 5 pages) : illustrations
Language:	English
Series:	IMF country report ; no. 09/306 IMF country report ; no. 09/306.
Subject:	International Monetary Fund -- Iceland. International Monetary Fund. Global Financial Crisis, 2008-2009. Financial crises -- Iceland. Monetary policy -- Iceland. Fiscal policy -- Iceland. Foreign exchange rates -- Iceland. Debt relief -- Iceland. Structural adjustment (Economic policy) -- Iceland. Debt relief. Financial crises. Fiscal policy. Foreign exchange rates. Monetary policy. Structural adjustment (Economic policy) Iceland.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12499911

Hidden Bibliographic Details
Varying Form of Title:	Iceland, staff report for first review under stand-by arrangement
Other authors / contributors:	International Monetary Fund. European Department.
ISBN:	9781451819410 1451819412 9781451882285 1451882289
Notes:	"October 2009." Includes bibliographical references. Print version record.
Summary:	This paper discusses key findings of the First Review Under the Stand-By Arrangement for Iceland. Post-crisis dynamics has followed the expected pattern: a sharp drop in GDP, rapid decline in inflation, shift of the current account to balance, and gradual stabilization of currency and financial markets. Several quantitative and structural program targets were missed. The authorities and IMF staff have agreed that a faster pace of fiscal adjustment and more gradual pace of capital account liberalization would be the key toward preserving stability and sustainability.
Other form:	Print version: Iceland. Washington, D.C. : International Monetary Fund, ©2009

Similar Items