The Political and Economic Situation of Iceland in the Context of EU Application Withdrawal
DOI:
https://doi.org/10.12797/Politeja.14.2017.49.12Keywords:
Iceland, economy situation, European Union application withdrawalAbstract
Under the influence of the crisis of 17 July 2009, Iceland presented its application for accession to the European Union, and a year later began accession negotiations. However, a problematic issue is catch limits as instead of 200‑mile fishing belt they won during the Cod Wars there would be just 12 miles of fisheries intended for Icelanders. Therefore, the accession negotiations stood at a standstill, the more that the current situation of the euro does not encourage Iceland to join the EU. Recently it turned out that Iceland does not want to join the European Union. In this article, I introduce arguments for and against Iceland joining the European Union. I introduce the economic, political and social situation in Iceland based on my own research on the island from 2010. In 2013, I completed a journalism internship in the editorial team of the Icelandic weekly Reykjavik Grapevine.
Downloads
References
Ásegir Jónsson, Why Iceland? How One of the World’s Smallest Countries Become the Meltdown’s Biggest Casualty, New York–Chicago 2009.
Bagus P., Bowden D., Deep Freeze. Iceland’s Economic Collapse, Auburn 2011.
Baj L., Olszewska E., “Islandia – gospodarczy raj zamienia się w piekło”, Gazeta Wyborcza, 7 October 2008.
Bergener C., Mayas C., Iceland. Keynotes of the Country, Reykjavik 2008.
Boyes R., Meltdown Island. How the Global Financial Crisis Bankrupted an Entire Country, London–Berlin–New York 2009.
Bukowiecki Ł., Czemarmazowicz M., Pessel W.K. (eds.), Islandia. Etos amatora, Warszawa 2011.
Central Bank of Iceland, The Economy of Iceland, Reykjavik 2000.
Gąsior M., “Islandia się rozmyśliła – nie chce być w Unii Europejskiej. ‘Lepiej służy pozostanie poza UE’”, 13 March, 2015, Na Temat, at <http://natemat.pl136437,islandia‑sie‑rozmyslila‑nie‑chce‑byc‑w‑unii‑europejskiej‑lepiej‑sluzy‑pozostanie‑poza‑ue>.
Gunnar Karlsson, A Brief History of Iceland, transl. by A. Yates, Reykjavik 2013.
Gylfi Magnússon, “What’s the Lesson of Iceland’s Collapse?”, Yale Insights, 22 May 2009, at <http://insights.som.yale.edu/insights/whats‑lesson‑icelands‑collapse>.
Hammar K., IMF Survey: Iceland Makes Strong Recovery from 2008 Financial Crisis, 13 March 2015, International Monetary Fund, at <http://www.imf.org/external/pubs/ft/survey/so/2015/car031315a.htm>.
“Iceland”, Civitas, at <http://www.civitas.org.uk/content/files/MS.22.Iceland.pdf>.
Iceland: Country Profile, Euromonitor International, 2012.
“Iceland Drops EU Membership Bid: ‘Interests Better Served Outside’ Union”, The Guardian, 12 March 2015, at <http://www.theguardian.com/world/2015/mar/12/iceland‑drops‑european‑union‑membership‑bid>.
“Iceland Hunts the Euro”, The Economist, 22 January 2009.
The Icelandic Economic Situation. Status Report – April 2012, Iceland Chamber of Commerce, at <http://www.vi.is/files/2012.04.03‑ICoC‑Status‑report‑v15_1424951660.pdf>.
The Icelandic Economy, 2009, at <http://www.hartford‑hwp.com/archives/61/266.htm>.
Konstytucja Republiki Islandii, Rzeszów 2006.
“Makrele na drodze Islandii do UE”, Gazeta Wyborcza, 26 August 2010.
Ministry of Finance and Economic Affairs, Icelandic Economic Situation. Overview, Reykjavik 2015.
Ministry of Foreign Affairs, Basic Statistics of Iceland, Reykjavik 1998.
Osiński J., “Przemiany polityczne na Islandii w warunkach kryzysu bankowego i gospodarczego”, Kwartalnik Kolegium Ekonomiczno‑Społecznego Studia i Prace, no. 1 (2011). DOI: https://doi.org/10.33119/KKESSiP.2011.1.1
Progress of the Plan for Removal of Capital Controls. A report by the Minister of Finance and Economic Affairs, Reykjavik, 18 March 2015, at <https://www.ministryoffinance.is/media/frettatengt2015/Progress‑of‑the‑Plan‑for‑Removal‑of‑Capital‑Controls‑March‑2015.pdf>.
Ragnhildur Sigurdardottir, “Iceland Confirms Will Not Enter EU Membership Talks”, 13 March 2015, Reuters, at <http://www.reuters.com/article/2015/03/13/us‑iceland‑eu‑idUSKBN0M82NQ20150313>.
Rosenblad E., Rosenblad R., Iceland from Past to Present, transl. by A. Crozier, Reykjavik 1993.
Smoleński J., “Islandia wraca do normalności”, interview with A.S. Magnason, in Islandia. Przewodnik nieturystyczny, Warszawa 2010.
Tulip P., Financial Markets in Iceland, Economics Department Working Paper No. 549, 2015, at <http://www.oecd.org/officialdocuments/publicdisplaydocumentpdf/?doclanguage=en&cote=eco/wkp(2007)9>.
UNDP, Human Development Report, Oxford 2006.
Woś R., “Gorzkie życie w upadłym kraju”, interview with H. Helgason, Dziennik. Polska – Europa – Świat, 2 January 2009.
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
