Young Icelanders support Globalization Skip to content

Young Icelanders support Globalization

Most young people in Iceland are very much in favor of free enterprise and international competition, according to A total of 86 percent think that globalization has a positive effect on their future opportunities, and only 4% think the effect will be bad. reports that a survey done by the Federation of Employers in Iceland shows that 19-20 year olds are very optimistic about the future of Iceland. Eighty-one percent think that Iceland will be among the 10 most competitive nations within the next ten years. More than seven percent think Iceland will be number one, and 47 percent think the country will be among the five most competitive.

An overwhelming majority, or 78 percent, want to work for a private company, and about half of those want to go into business for themselves. Only 13 percent want to work for the federal or local governments. More women than men want to work for government.

Also according to the survey, 28 percent thought strong education would be most useful in improving Iceland’s strong status. About 15 percent mentioned research and development as top on the list of Iceland’s future priorities.

The survey was conducted by phone in the beginning of April 2006 and is based upon 615 answers from a randomly selected sample from 19 and 20 years olds.

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