Tourism Boom Key to Iceland’s Success In Lifting Capital Controls

The island nation's underdog economy is about to emerge triumphant

Visitors pass along walkways spanning the Blue Lagoon geothermal spa as steam rises in Grindavik, Iceland, on Friday, Nov. 8, 2013.

Photographer: Arnaldur Halldorsson/Bloomberg

Iceland is counting on its unique landscape of hot springs and geysers to keep the economy stable as it undergoes a historic transformation.

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