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Headline: Economy slows after growth spurt Source: euromoney.com Date: June 2001 Author: Jonathan Brown Iceland’s economy has boomed since joining the European Economic Area in 1993 brought market-based reforms. The economy has diversified, but now the government wants to rein growth in. That’s hit the stock market. For such a small nation, Iceland’s economic performance over the past five years has been amazing. On virtually any measure – income per capita, productivity, health, life expectancy, literacy – it comes at or near the top of the rankings. |
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