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01704cas a2200241 a 4500 |
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AALejournalIMF005630 |
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|c 5.00 USD
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|z 9781451819403
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|a 1934-7685
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
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|a Iceland :
|b Stand-By Arrangement; Interim Review Under the Emergency Financing Mechanism.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2009.
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|a 1 online resource (21 pages)
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|a IMF Staff Country Reports
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper describes the Stand-By Arrangement for Iceland under the Emergency Financing Mechanism. The crisis is producing a sharp contraction of economic activity. Indicators of consumption are plummeting, and the deterioration in the labor market is accelerating, with rising unemployment and falling real wages contributing to a considerable contraction in real incomes. Significant import compression is under way, allowing a sustained turnaround in the trade balance, as exports continue to benefit from a weaker krona. The krona interbank market is inactive, and equity markets remain under pressure with trade being thin.
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|a Mode of access: Internet
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|a IMF Staff Country Reports; Country Report ;
|v No. 2009/052
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/002/2009/052/002.2009.issue-052-en.xml
|z IMF e-Library
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