Iceland — Macro Imbalances Trigger Negative Outlook

Fitch Ratings

Chapter 7 in Preludes to the Icelandic Financial Crisis, 2011, pp 77-88 from Palgrave Macmillan

Abstract: Abstract Fitch has revised the outlooks on Iceland’s long-term sovereign ratings to negative from stable. This rating action reflects the agency’s view that there has been a material deterioration in Iceland’s macro-prudential risk indicators, accompanied by a greater than expected deterioration in the current account balance and soaring net external indebtedness.

Keywords: Real Exchange Rate; External Debt; Current Account Deficit; Current Account Balance; Floating Exchange Rate (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30714-8_7

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230307148

DOI: 10.1057/9780230307148_7

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().