It seems to me that many iterative methods in numerical analysis leverage some sort of local contraction to show that a solution will converge to a fixed point. Is this true of all iterative methods or are there iterative methods which do not require local contraction?
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Depends on how strictly you define your terms - basically, if $a^$ is the solution to your problem, and $a$ is some guess of the solution, then each step of the iterative method ought to bring you closer to $a^$. "Getting closer" is (again, depending on your definition) arguably equivalent to "the method is contractive around $a^*$. – πr8 Apr 18 '17 at 18:43