New report on the Icelandic economy

The Iceland Chamber of Commerce has just published the latest edition of their regular report The Icelandic Economy: Current State, Recent Developments and Future Outlook.

The report deals with the current state of the Icelandic economy, recent developments in politics, business and finance, and the country’s long-term economic outlook.

As well as updates on previously covered aspects, this year’s report includes a new section on recent labour-market disputes.

Other aspects covered include:

• Iceland’s position regarding competitiveness and GDP;
• the state of the domestic economy, including the labour market and public and private debt;
• developments in monetary issues, inflation and exchange-rate fluctuations;
• foreign trade and debt;
• the new government’s direction in foreign affairs and taxation;
• capital controls and their effect on the Icelandic economy;
• major investments projects in tourism, the silicon industry, etc.;
• the financial system, access to finance, and property-market development;
• the outlook for foreign debt and long-term growth.

Since autumn 2008, the Iceland Chamber of Commerce has regularly published an English-language report on the state of the Icelandic economy. The report is sent to some 2,200 foreign contacts in business, international agencies, chambers of commerce and management around the world.

The report can be read here and a slideshow presenting the report is available here.