How Iceland Lost 50% of It's GDP, And Recovered
Economics Explained

How Iceland Lost 50% of It's GDP, And Recovered

Dec 16, 2024
15:09
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About this episode

Iceland faced one of the worst economic collapses during the 2008 financial crisis, losing nearly half its economic output and teetering on the edge of becoming a failed state. Yet, through bold decisions, unique energy resources, and sheer resilience, this tiny nation turned its fortunes around to become a global leader in sustainability and economic recovery. But is Iceland’s success a replicable model or a case of perfect circumstances? Watch to uncover the fascinating story of a nation that defied all odds. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Episode Details

Author
Economics Explained
Show Type
full
Audio Format
audio/mpeg

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