Till 1990, Iceland was a very slow runner in the race of developing their economy. It was only after 1990 that it gained momentum and is still running very fast towards becoming a developed and a self-sustained economy. The recoveries that Iceland’s economy has made are; it has one of the world’s highest growth rates, very low inflation rate and employment rate is very high. There are many factors that can be held responsible for such a rapid development but the main are correct resource management, stability in prices, upgradation of stock exchange etc. All these reforms came from the capital city so; we can say that the capital city Reykjavik is the biggest cause of such speedy growth of Icelandic economy.
Reykjavik – the capital of Iceland is a small city which can be seen very efficiently either by walking on your own or through public transport. Not only in Reykjavík, but you can also go around this city where there are number of tourist spots and they are minutes away from Reykjavik. It is a guarantee that the visitors will feel that the pure and natural energy is rejuvenating their mind and soul, whether it’s coming from nearby geothermal pool or from the natural green energy around the city. Reykjavik has everything that a big metro city often misses i.e. fun, space, clean air, nature and a blend of cultures. Reykjavik can be called a complete city as it also holds the very beautiful blend of modern and older cultures which are complimented by beautiful raw nature. It spread across the peninsula and Atlantic Ocean is surrounding from all sides. This view becomes very magnificent and glorious when viewed from an aero plane. You can navigate the entire city without a guide because people here are very friendly and welcoming. For them, a visitor is a God and they are ready to help you anywhere, anytime. Public transport system is not excellent but it can be rated as ‘very good’ because a very good network of city busses is plying between capital city Reykjavík and its suburb cities and taxis are available 24/7.
Most of the Icelanders live around Reykjavík and this is the reason why main government offices of Iceland are situated here. The Icelandic parliament, the main hospital of Iceland, the second largest airport, the University of Iceland, the national museum and many other important offices and institutions are situated in Reykjavík. The inclusion of all these and many others makes this city, a little bit more energetic and important than other cities in Iceland.
Reykjavik was just like other small towns of Iceland till twenty years back. It is in these two decades that it has grown into a full-fledged and very charismatic metro city which has shopping malls, very lively and sparkling nightlife, traffic jams like any other big city of the world, museums, cultural activities, good food, festivals and much more. This is the reason why Reykjavík has also gained independence, financially as well. People have become more lavish and love to spend money for good services.
In all, there is no doubt that Reykjavík has slowly developed into a charger for those whose batteries are out of order due to blind race of life. They can charge up their batteries here as this city contains everything that can make them feel that they are just born.
Author Bio:
Asberg Jonsson is the manager of Iceland Visitor, a company specializing in packages for Vacation in Iceland and day tours in Iceland. For more information visit www.icelandvisitor.com
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