After disaster, the bounce-back gathers momentum Unlike Eurozone member-nations, Iceland had freedom to manoeuvre because it controlled its own currency, monetary and fiscal policies. It could set its own rules, change its laws, and make independent decisions. Now, recovery is under way. Devaluation has promoted exports, including tourism, and shielded the domestic economy. Foreign trade […]
After disaster, bounce-back momentum is a post from: TheBizSense Views & Forecasting