Institute for Global Enterprise in Indiana

WorldView - Europe

Iceland

US Dept of State - Iceland

"Iceland is a volcanic island in the North Atlantic Ocean east of Greenland and immediately south of the Arctic Circle. It lies about 4,200 kilometers (2,600 mi.) from New York and 830 kilometers (520 mi.) from Scotland." more...

Global Edge

"Iceland, a stable democracy with a dynamic consumer economy, suffered an economic meltdown in October 2008. The banking sector collapsed and the Icelandic Government turned to the International Monetary Fund (IMF) for assistance." more...

CIA World Factbook

"Iceland's Scandinavian-type social-market economy combines a capitalist structure and free-market principles with an extensive welfare system. Prior to the 2008 crisis, Iceland had achieved high growth, low unemployment, and a remarkably even distribution of income. The economy depends heavily on the fishing industry, which provides 40% of export earnings, more than 12% of GDP, and employs 7% of the work force." more...

InfoPlease

"Iceland, an island about the size of Kentucky, lies in the north Atlantic Ocean east of Greenland and just touches the Arctic Circle. It is one of the most volcanic regions in the world." more...

International Monetary Fund

"The last Article IV Executive Board Consultation was on September 10, 2008. Listed below are items related to Iceland" more...

US Department of State World Travel

"Iceland suffered an economic crisis beginning in October 2008 and has recently been a focal point in international news following the April, 2010 eruption of the Eyjafjallajokull volcano; this eruption temporarily impacted air travel in Iceland and Europe. Despite the recent economic crisis and volcanic activity, Iceland remains a highly developed country with a stable democracy." more...