Front Matter Page
This paper on Iceland was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on October 29, 2018.
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Front Matter Page
Iceland: Selected Issues
October 29, 2018
Approved By
European Department
Prepared by Chikako Baba, Ashok Vir Bhatia, Uwe Böwer, SÃlvia Domit, and Morgan Maneely (all EUR), Shakill Hassan (SPR), and Niall O’Hanlon (STA)
Contents
ICELAND’S FISHERIES SECTOR—TAKING STOCK
A. Iceland as a Fishing Nation
B. Governance of Fishing Rights
C. Fishing Outlays and Revenues
D. Prospects and Sustainability
E. Conclusions
References
BOXES
1. Iceland and the Concept of the EEZ
2. Fisheries in a Game Theory Framework
INFLATION TARGETING IN ICELAND—THE ISSUE OF HOUSING COSTS
A. The Issue
B. Measurement Considerations
C. International Comparison
D. Considerations on the Choice of Inflation Target
E. Policy Implications
F. Conclusions
References