OECD's 2013 Economic Survey of Iceland examines recent economic developments, policies and prospects. It includes a special feature on reinforcing the public debt reduction strategy.
Table of contents:
Executive summary Assessment and recommendations -Fostering economic recovery -Economic rebalancing -Capital controls, monetary policy framework and financial stability -Fiscal consolidation -Government expenditure efficiency -Green growth -Bibliography -Annex A.1. Progress in structural reform Chapter 1. Promoting effective monetary policy and financial stability -Icelandís immediate policy challenge is removing the capital controls -Monetary policy after the removal of capital controls -Prudential tools as the third pillar of macroeconomic policy -Strengthening the institutional framework for monetary and financial stability -Bibliography Chapter 2. Reinforcing the public debt reduction strategy -Fiscal consolidation -Strengthening the legal framework to enhance budget discipline -Increasing the efficiency of public expenditure -Bibliography