Iceland : 2010 Article IV Consultation and Third Review under Stand-By Arrangement and Request for Modification of Performance Criteria-Staff Report ; Staff Supplement ; Public Information Notice and Press Release on the Executive Board Discussion ; and Statement by the Executive Director for Iceland

Iceland's gross external debt rose above 600 percent of GDP, while households and corporations accumulated heavy debt burdens with large exposures to foreign exchange and inflation risk. The global banking crisis exposed Iceland's vulnerabilities, triggering a balance-of-payments crisis, a...

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Bibliographic Details

Corporate Author:	International Monetary Fund (Contributor)
Format:	Book
Language:	English
Published:	Washington, D.C. : International Monetary Fund, 2010 Washington, D.C. : 2010
Series:	IMF Staff Country Reports ; Country Report No. 10/305 IMF Staff Country Reports ; Country Report no. 10/305 IMF Staff Country Reports; Country Report ; No. 2010/305 IMF eLibrary
Subjects:	Article IV consultation reports Balance of payment Balance of payments Balance sheet effects Bank balance sheet Bank capital Bank capitalization Bank credit Bank data Bank governor Bank lending Bank losses Bank managers Bank owners Bank recapitalization Bank reserves Bank restructuring Bank supervision Banking crisis Banking law Banking regulation Banking regulations Banking sector Banking supervision Banking system Banking Banks balance sheets Banks loan Bilateral loans Capital account liberalization Capital adequacy ratio Capital adequacy Capital controls Capital expenditure Capital requirement Central bank Commercial debt Connected lending Crisis countries Current account balance Current account balances Current account deficit Current account surplus Current account surpluses Current account Current accounts Current expenditure Debt burdens Debt crisis Debt dynamics Debt management strategy Debt management Debt overhang Debt ratio Debt ratios Debt reduction Debt reductions Debt relief Debt restructuring Debt service obligations Debt service payments Debt service Debt servicing Debt stock Debt strategy Debt sustainability analysis Debt sustainability Deposit guarantee Deposit insurance Domestic absorption Domestic currency Domestic debt Domestic financing Economic growth Economic indicators External borrowing External debt reductions External debt service External debt sustainability External debt External disbursements External financing External obligations External payment External payments arrears External payments Fiscal consolidation Foreign debt Foreign exchange General resources account Government debt Government finance Holding company Internal audit International reserve Liability management Long-term debt Long-term external debt Market debt Net debt Net external debt Nominal price Off balance sheet Official creditors Payment arrears Performance criteria modifications Present value Private banks Private debt Private sector debt Private sector debts Prudential regulation Public and publicly guaranteed Public debt crisis Public debt management Public debt Public external debt Public finance Public finances Public sector debt Recapitalization Repayments Repurchases Reserve accumulation Reserve adequacy Reserve assets Retained earnings Short term debt Short-term debt Sovereign debt Staff Reports State bank Stock of debt Structural adjustment Total external debt Banks and Banking Banks and banking Banks Budget Systems Budget planning and preparation Budget Budgeting & financial management Budgeting Currency Debt Management Debt Debts, External Debts, Public Depository Institutions Exports and Imports Finance Financial institutions Foreign Exchange Industries: Financial Services International Lending and Debt Problems International economics Loans Micro Finance Institutions Mortgages National Budget Public Finance Public finance & taxation Public financial management (PFM) Sovereign Debt Iceland