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Iceland (2) – Crisis Refugees

The Banking bubble in Iceland not only created a bust but it also took many of the bright young brains into its institutions. But when the banks crashed the jobs disappeared a...

The Banking bubble in Iceland not only created a bust but it also took many of the bright young brains into its institutions. But when the banks crashed the jobs disappeared and this has now created a growing entrepreneurial sector. On this week’s Global Business, Peter Day meets some of the entrepreneurs who are creating opportunity out of the crisis and finds out whether a wealth of small businesses can really make a difference to an economy dominated by fishing, tourism and Aluminium smelting.
Producer: Julie Ball
Editor: Jeremy Skeet

Release date:

26 minutes

Podcast