Editing Iceland (section)

====Economic boom and crisis====
{{further|2008–2011 Icelandic financial crisis|2009 Icelandic financial crisis protests}}
In 2003–2007, following the privatisation of the banking sector under the government of [[Davíð Oddsson]], Iceland moved towards having an economy based on international investment banking and financial services.<ref name=Lewis/> It was quickly becoming one of the most prosperous countries in the world, but was hit hard by a [[2008–2011 Icelandic financial crisis|major financial crisis]].<ref name=Lewis>{{cite magazine |last=Lewis |first=Michael |title=Wall Street on the Tundra |url=https://www.vanityfair.com/politics/features/2009/04/iceland200904?printable=true&currentPage=all |magazine=Vanity Fair |date=April 2009 |access-date=20 February 2020 |archive-date=24 December 2014 |archive-url=https://web.archive.org/web/20141224103519/http://www.vanityfair.com/politics/features/2009/04/iceland200904?printable=true&currentPage=all |url-status=live }}</ref> The crisis resulted in the greatest migration from Iceland since 1887, with a net emigration of 5,000 people in 2009.<ref name="nordregio.se">{{cite journal |title=Iceland lost almost 5000 people in 2009 |journal=Journal of Nordregio |url=http://www.nordregio.se/Global/JoN/JoN%202010/Jon%201%202010/JoN%201_2010.pdf |volume=10 |issue=1 |date=April 2010 |page=18 |access-date=13 September 2011 |archive-url=https://web.archive.org/web/20120315212525/http://www.nordregio.se/Global/JoN/JoN%202010/Jon%201%202010/JoN%201_2010.pdf |archive-date=15 March 2012 |url-status=dead }}</ref>