Country Analysis Report: Iceland, In-depth PESTLE Insights
Published: July 2012 · Publisher: MarketLine
Economic growth remained relatively robust during 2000–07, largely due to strong consumer spending and favorable international prices for the country's exported commodities.
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Introduction
Economic growth remained relatively robust during 2000–07, largely due to strong consumer spending and favorable international prices for the country's exported commodities. However, Iceland's economy plunged into crisis in 2008–09 following the implosion of its banking system and has only just begun to inch out of recession. Looking ahead, positive growth is expected from 2011 out to 2013.
Features and benefits
* Understand how Iceland can be used to plan business investments or market entry through a holistic view of the country.
* Gain an understanding of the political situation in Iceland, including key figures in the country and governance indicators.
* Understand customer demographics in Iceland through analysis of income distribution and the rural-urban split, as well as healthcare and education.
Highlights
The PESTLE analysis of Iceland identifies issues that affect the country's performance using the strengths, weaknesses, opportunities, and threats (SWOT) framework.
The political landscape section discusses the evolution of the political scenario in Iceland, as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators.
The economic landscape section outlines the evolution of Iceland's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment.
Your key questions answered
* How does Iceland perform in terms of technology-intensive sectors like telecoms and IT, patents, and R&D expenditure trends?
* What is the legal structure in Iceland and are the laws conducive to investment?
* How does Iceland perform in terms of environmental indicators and its environmental policies?
* How does Iceland perform in terms of healthcare, income distribution, and education?
Economic growth remained relatively robust during 2000–07, largely due to strong consumer spending and favorable international prices for the country's exported commodities. However, Iceland's economy plunged into crisis in 2008–09 following the implosion of its banking system and has only just begun to inch out of recession. Looking ahead, positive growth is expected from 2011 out to 2013.
Features and benefits
* Understand how Iceland can be used to plan business investments or market entry through a holistic view of the country.
* Gain an understanding of the political situation in Iceland, including key figures in the country and governance indicators.
* Understand customer demographics in Iceland through analysis of income distribution and the rural-urban split, as well as healthcare and education.
Highlights
The PESTLE analysis of Iceland identifies issues that affect the country's performance using the strengths, weaknesses, opportunities, and threats (SWOT) framework.
The political landscape section discusses the evolution of the political scenario in Iceland, as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators.
The economic landscape section outlines the evolution of Iceland's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment.
Your key questions answered
* How does Iceland perform in terms of technology-intensive sectors like telecoms and IT, patents, and R&D expenditure trends?
* What is the legal structure in Iceland and are the laws conducive to investment?
* How does Iceland perform in terms of environmental indicators and its environmental policies?
* How does Iceland perform in terms of healthcare, income distribution, and education?
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OVERVIEW
Catalyst
Summary
Key findings
PESTLE highlights
Key fundamentals
KEY FACTS AND GEOGRAPHIC LOCATION
Key facts
Geographical location
PESTLE ANALYSIS
Summary
Political analysis
Overview
Current strengths
Current challenges
Low regulatory quality
Future prospects
Economic analysis
Overview
Current strengths
Current challenges
High leverage
Future prospects
Decreasing current account deficit
Future risks
Social analysis
Overview
Current strengths
Current challenges
Future prospects
Future risks
Technological analysis
Overview
Current strengths
Current challenges
Future prospects
Future risks
Legal analysis
Overview
Current strengths
Conducive business environment
Current challenges
Future prospects
Future risks
Environmental analysis
Overview
Current strengths
Current challenges
Poor environmental performance
Future prospects
Future risks
POLITICAL LANDSCAPE
Summary
Evolution
Structure and policies
Key political figures
Structure of government
Key political parties
Composition of government
Key policies
Economic
Social
Foreign and defense policies
Performance
Governance indicators
Outlook
ECONOMIC LANDSCAPE
Summary
Evolution
Structure and policies
Financial system overview
Financial authorities and regulators
Stock exchange
Insurance
Key policies
Performance
GDP and growth rate
GDP composition by sector
Fiscal situation
Current account
Foreign trade
External debt
International investment position
Credit rating
Monetary situation: key monetary indicators
Banking sector
Employment
Outlook
SOCIAL LANDSCAPE
Summary
Evolution
Structure and policies
Demographic composition
Education
Healthcare
Social welfare
Performance
Healthcare
Income distribution
Education
Outlook
TECHNOLOGICAL LANDSCAPE
Summary
Evolution
Structure and policies
Intellectual property
Research and development
Technology agreements and pacts
Performance
Opportunity sectors
Biotechnology
ICT sector
Research and development
Outlook
LEGAL LANDSCAPE
Summary
Evolution
Structure and policies
Judicial system
Establishing operations as a foreign enterprise
Tax regulations
VAT
Performance
Effectiveness of the legal system
Outlook
ENVIRONMENTAL LANDSCAPE
Summary
Evolution
Structure and policies
Environmental regulations
Natural resources management and pollution reduction
International co-operation
Performance
Environmental impact
Outlook
APPENDIX
Ask the analyst
Disclaimer
Catalyst
Summary
Key findings
PESTLE highlights
Key fundamentals
KEY FACTS AND GEOGRAPHIC LOCATION
Key facts
Geographical location
PESTLE ANALYSIS
Summary
Political analysis
Overview
Current strengths
Current challenges
Low regulatory quality
Future prospects
Economic analysis
Overview
Current strengths
Current challenges
High leverage
Future prospects
Decreasing current account deficit
Future risks
Social analysis
Overview
Current strengths
Current challenges
Future prospects
Future risks
Technological analysis
Overview
Current strengths
Current challenges
Future prospects
Future risks
Legal analysis
Overview
Current strengths
Conducive business environment
Current challenges
Future prospects
Future risks
Environmental analysis
Overview
Current strengths
Current challenges
Poor environmental performance
Future prospects
Future risks
POLITICAL LANDSCAPE
Summary
Evolution
Structure and policies
Key political figures
Structure of government
Key political parties
Composition of government
Key policies
Economic
Social
Foreign and defense policies
Performance
Governance indicators
Outlook
ECONOMIC LANDSCAPE
Summary
Evolution
Structure and policies
Financial system overview
Financial authorities and regulators
Stock exchange
Insurance
Key policies
Performance
GDP and growth rate
GDP composition by sector
Fiscal situation
Current account
Foreign trade
External debt
International investment position
Credit rating
Monetary situation: key monetary indicators
Banking sector
Employment
Outlook
SOCIAL LANDSCAPE
Summary
Evolution
Structure and policies
Demographic composition
Education
Healthcare
Social welfare
Performance
Healthcare
Income distribution
Education
Outlook
TECHNOLOGICAL LANDSCAPE
Summary
Evolution
Structure and policies
Intellectual property
Research and development
Technology agreements and pacts
Performance
Opportunity sectors
Biotechnology
ICT sector
Research and development
Outlook
LEGAL LANDSCAPE
Summary
Evolution
Structure and policies
Judicial system
Establishing operations as a foreign enterprise
Tax regulations
VAT
Performance
Effectiveness of the legal system
Outlook
ENVIRONMENTAL LANDSCAPE
Summary
Evolution
Structure and policies
Environmental regulations
Natural resources management and pollution reduction
International co-operation
Performance
Environmental impact
Outlook
APPENDIX
Ask the analyst
Disclaimer
Copyright © FriedlNet. You may share using our tools Please don't cut content from FriedlNet and redistribute by email or post to the web.