Business Excellence, Vol. 11 No. 2, 2017.
Review article
https://doi.org/10.22598/pi-be/2017.11.2.133
ICELAND AFTER THE CRISIS – OPPORTUNITIES AND THREATS FOR DEVELOPMENT
Ewa Szymanik
orcid.org/0000-0002-9049-9436
; Cracow University of Economics, Department of Microeconomics, Poland
Abstract
The article presents the current situation in Iceland. It outlines its ecnomic background and the causes of the past crisis. It also presents how it was overcome as well as what measures have been taken to avoid further breakdowns, as well as what conclusions resulted from it. Moreover, it indicates Island’s main advantages and draws attention to the weaknesses and potential sources of the next crises, as well as the importance of having its own currency for the restructuring process.
Keywords
Iceland; crisis; opportunities; threats; development
Hrčak ID:
192704
URI
Publication date:
20.12.2017.
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