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In page History of Iceland:

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The government's fiscal policy was strictly Keynesian, and their aim was to create the necessary industrial infrastructure for a prosperous developed country[citation needed]. It was considered essential to keep unemployment down and to protect the export fishing industry through currency manipulation and other means[citation needed]. Because of the country's dependence both on reliable fish catches and foreign demand for fish products, Iceland's economy remained unstable well into the 1990s, when the country's economy was greatly diversified[citation needed].