Saturday, April 13, 2013

Journey to Iceland’s cultural miracle

From www.presseurop.eu

The "Sonar 2013" festival of new music and technology in Reykjavik's Harpa centre
The "Sonar 2013" festival of new music and technology in Reykjavik's Harpa centre, www.presseurop.eu
By 

Iceland escaped the grip of austerity and has turned Icelandic culture into the country’s second largest contributor to GDP, with an impact of around €1bn per year. Unemployment is at 5.7 per cent, growth at 3 per cent – and the island is alive to the sound of music and movie shoots.

If the financial collapse Iceland went through in 2008 is viewed as a laboratory of questions and answers about the current crisis, taking notes on some of the solutions the Icelanders have come up with might be wise.

No comments: