Historical Dictionary of Iceland (3rd ed.)

Iceland demonstrates most of the characteristics of a modern liberal democracy. It has maintained political stability through a democratic process which enjoys universal legitimacy. Rapid economic modernization has also secured its inhabitants one of the highest living standards in the world, and a comprehensive and highly developed health system has ensured them longevity and one of the lowest rates of infant mortality in the world. Icelanders face, however, formidable challenges in maintaining