Oecd Economic Surveys: Norway 2002

By OECD Organisation for Economic Co-operation and Development

The OECD's survey of the Norwegian economy considers a range of issues including: macroeconomic developments, prospects and policy challenges; and policies to boost potential output growth. This issue also contains a special feature on public spending management and strategies for improving the effectiveness of public expenditure. Norway is the world's third largest oil exporter behind Saudi Arabia and Russia, and high oil prices have led to a very large current account surplus (15 per cent of GDP in 2001). However, whilst oil wealth is benefiting the Norwegian population, it also complicates effective macroeconomic policy management and the implementation of structural reform. Both are essential to lift labour supply and productivity levels in order to secure strong growth over the long term.

• Format: Paperback
• Language: English
• ISBN: 9264191577
• ISBN13: 9789264191570
• Release Date: January 2002
• Publisher: Organization for Economic
• Length: 160 Pages
• Weight: 0.57 lbs.
• Dimensions: 8.8" x 0.5" x 6.3"