Oecd Economic Surveys Norway 2024

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Oecd Economic Surveys Norway 2024

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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2024-06-20

Oecd Economic Surveys Norway 2024 written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-06-20 with categories.

Norway’s economy is slowing as inflation and higher interest rates weigh on consumption and investment. The labour market is tight and wage growth robust, while labour shortages and job mismatches are high and rising. Inflation is falling but still way above the target of 2%. The fiscal stance is expansionary. It should become contractionary to support monetary policy. While Norway is one of the OECD’s most productive countries, productivity growth over the past decade has been weak. Making skills more relevant, notably by strengthening vocational education and training, could help raise productivity and ease tight labour markets. Higher and broader taxation of greenhouse gas emissions and investing in lower‐cost emission cuts would help achieve emission reductions more efficiently. Public spending as a share of GDP is the highest in the OECD, which brings important benefits in the form of high-quality public services. However, oil revenues are set to decline, and ageing costs to rise, foreshadowing strains on public finances in the future. Norway could benefit from applying a medium-term expenditure framework, introducing a spending rule, and establishing a full-fledged fiscal council. Reforming the very generous sickness and disability scheme could help reduce spending pressures and increase employment. Regional policy should become more cost-conscious. Infrastructure investment is very high, and imposing a minimum benefit-cost ratio on individual projects and strengthening ex-post evaluations could help improve its effectiveness. SPECIAL FEATURE: RAISING THE EFFECTIVENESS OF PUBLIC SPENDING

Oecd Economic Surveys

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Author :
language : en
Publisher:
Release Date : 1963

Oecd Economic Surveys written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1963 with Norway categories.

Oecd Economic Surveys Norway 2019

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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2019-12-09

Oecd Economic Surveys Norway 2019 written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-12-09 with categories.

Wellbeing in Norway is high; GDP per capita is among the top-ranking countries and the country scores well in measures of inclusiveness. Several challenges must be addressed, however, if this good standing is to be sustained. The economy is vulnerable to trade risks. Also, though property markets and related credit appear to be heading for a soft landing, risks remain. Norway has substantial opportunities for more effective public spending remain, and exploiting these will become more important as fiscal space narrows. Productivity growth remains low, requiring attention to business policy.

Economic Surveys By The Oecd

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Author :
language : en
Publisher:
Release Date : 1966

Economic Surveys By The Oecd written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1966 with Norway categories.

Oecd Economic Surveys Norway 2022

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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2022-02-22

Oecd Economic Surveys Norway 2022 written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-02-22 with categories.

OECD’s periodic surveys of the Norwegian economy. Each edition surveys the major challenges faced by the country, evaluates the short-term outlook, and makes specific policy recommendations. Special chapters take a more detailed look at specific challenges. Extensive statistical information is included in charts and graphs.

Oecd Economic Surveys Norway 2008

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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2008-08-20

Oecd Economic Surveys Norway 2008 written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-08-20 with categories.

The OECD's periodic review of Norway's economy. It finds that Norway has seen several years of strong growth and very low unemployment, but that it will not be untouched by the current slowdown. The survey examines three key economic challenges ...

Oecd Economic Surveys Norway 1969

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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 1969-07-01

Oecd Economic Surveys Norway 1969 written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1969-07-01 with categories.

OECD's 1969 Economic Survey of Norway examines recent economic trends, policy and prospects and draws a series of conclusions.

Oecd Economic Surveys Denmark 2024

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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2024-01-09

Oecd Economic Surveys Denmark 2024 written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-01-09 with categories.

Following a robust recovery, growth has slowed and the economy has been running at two speeds. Headline inflation has fallen, but underlying price pressures remain high.

Oecd Economic Surveys

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Author :
language : en
Publisher:
Release Date : 1997

Oecd Economic Surveys written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Norway categories.

Oecd Economic Surveys Norway 1965

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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 1965-07-01

Oecd Economic Surveys Norway 1965 written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1965-07-01 with categories.

OECD's 1965 Economic Survey of Norway examines current economic trends and longer-term trends and problems and draws a series of conclusions.