OECD Economic Outlook, Volume 2008 Issue 2
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OECD Economic Outlook, Volume 2008 Issue 2

This December 2008 edition of the OECD Economic Outlook presents OECD's first set of economic analysis and projections since the financial crisis began. As always, it includes and overall assessment as well as individual country assessments for OECD and major non-OECD economies, and an extensive statistical annex.  This edition's special feature covers responses to inflation shocks.
Publication Date :
25 Nov 2008
DOI :
10.1787/eco_outlook-v2008-2-en
 
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Norway You do not have access to this content

Authors:
OECD
Pages :
168–170
DOI :
10.1787/eco_outlook-v2008-2-27-en

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After the remarkable performance of the past few years, the Norwegian economy is now slowing toward its potential rate of growth. Domestic demand is moderating as a result of the increased cost of borrowing, falling house prices and declining terms of trade. Nonetheless, inflation remains higher than desirable and rising labour costs are undermining competitiveness.
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