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SCOTONOMICS Ep Ten ICELAND Part of the Small Nation Series
An in-depth look at the wonderful land and interesting economy of Iceland with Olafur Margeirsson, an economist and an alternate member of the Supervisory Board of the Central Bank of Iceland.
https://twitter.com/IcelandicEcon
03:30 A short story from COP 25 (in the leadup to COP 26) 04:10 Introduction to Olafur Margeirsson
05:15 Introduction to Iceland
06:05 The Icelandic Krona
07:25 How did Iceland deal with the financial crash in 2008
10:40 The crash had been long coming in Iceland 12:30 How did the Icelandic central bank support the Icelandic economy?
13:00 The Sustainable Growth Commission suggests that an independent Scotland would keep the BoE as its central bank - what Olafur thinks of that
14:30 The mortgage system in Iceland is a huge problem for the Icelandic economy
17:00 How the Krona affected the financial crash in Iceland
17:45 The importance of the central bank Iceland was able to keep trading
20:00 Iceland's huge energy resources
21:00 How the Icelandic economy changed from 2008 - trying to be more green
27:20 The weakness of the Icelandic economy is the lack of diversity: the opposite of Scotland
29:40 How cheap renewable energy production leads to cheap energy for consumers (unlike the UK)
30:50 What role has privatisation played in Iceland compared to UK and by extension Scotland
35:00 How the Icelandic nation work towards national goals 39:00 Where Iceland (initially got) its wealth
39:30 NATO and membership of the The European Economic Area ( EEA )
43:20 Iceland's social security system and the POWER of their own currency
46:30 Iceland's export and export strategy
50:00 Current account discussions
52:15 Iceland 20% smaller than Edinburgh! And it is not TOO WEE
52:30 Kairin and William discuss the show
52:55 Kairin's highlights
53:40 Comparing Iceland's social security to the UK
55:05 Westminster display of power with the removal of the Universal Credit uplift
56:30 What we have coming up
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By YesCowal Podcasts
3.8
44 ratings
An in-depth look at the wonderful land and interesting economy of Iceland with Olafur Margeirsson, an economist and an alternate member of the Supervisory Board of the Central Bank of Iceland.
https://twitter.com/IcelandicEcon
03:30 A short story from COP 25 (in the leadup to COP 26) 04:10 Introduction to Olafur Margeirsson
05:15 Introduction to Iceland
06:05 The Icelandic Krona
07:25 How did Iceland deal with the financial crash in 2008
10:40 The crash had been long coming in Iceland 12:30 How did the Icelandic central bank support the Icelandic economy?
13:00 The Sustainable Growth Commission suggests that an independent Scotland would keep the BoE as its central bank - what Olafur thinks of that
14:30 The mortgage system in Iceland is a huge problem for the Icelandic economy
17:00 How the Krona affected the financial crash in Iceland
17:45 The importance of the central bank Iceland was able to keep trading
20:00 Iceland's huge energy resources
21:00 How the Icelandic economy changed from 2008 - trying to be more green
27:20 The weakness of the Icelandic economy is the lack of diversity: the opposite of Scotland
29:40 How cheap renewable energy production leads to cheap energy for consumers (unlike the UK)
30:50 What role has privatisation played in Iceland compared to UK and by extension Scotland
35:00 How the Icelandic nation work towards national goals 39:00 Where Iceland (initially got) its wealth
39:30 NATO and membership of the The European Economic Area ( EEA )
43:20 Iceland's social security system and the POWER of their own currency
46:30 Iceland's export and export strategy
50:00 Current account discussions
52:15 Iceland 20% smaller than Edinburgh! And it is not TOO WEE
52:30 Kairin and William discuss the show
52:55 Kairin's highlights
53:40 Comparing Iceland's social security to the UK
55:05 Westminster display of power with the removal of the Universal Credit uplift
56:30 What we have coming up
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