Iceland : Staff Report for the 2006 Article IV Consultation

Staff Report for the 2006 Article IV Consultation

Iceland : Staff Report for the 2006 Article IV Consultation
Over the last three years, a rapid expansion in domestic demand has dramatically widened the current account deficit in Iceland. Demand expanded faster than supply, and evidence of overheating is widespread. Monetary policy has tightened, but, until recently, the impact has been channeled primarily through the exchange rate. Despite hikes in the... READ MORE...

Publication date: August 2006
ISBN 9781451819328
$15.00

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