Moonfare’s Chief Economist, Mike O’Sullivan, is travelling the world to bring you insights into each country’s unique economic landscape. His analysis covers macroeconomic trends, local market dynamics and implications for private investors.

Follow Mike right here on the Moonfare blog or through our LinkedIn account as he explores financial hubs around the world. Read also his previous note from London.

Macro Environment

Iceland's economy is strong, having been one of the few countries to effectively 'go it alone' in terms of recovering from the global financial crisis — it is also a model in terms of the accountability of its politicians.

Economist’s Observations

This is a must visit as it is rare to find a country so dominated by its geography and geothermics. The risk is that you might find a live volcano like we did, but we also recommend the hot springs.

Private Markets in Iceland

From a private equity and venture point of view the country is seeing a lot of food, health and climate tech activity — notably in terms of renewable energy. We visited the pioneering ClimeWorks installation — the first and still only direct carbon extraction site on the planet.

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