OECD Economic Surveys: Norway 2010
The 2010 edition of OECD's periodic review of Norway's economy. This edition features chapters covering the impact of the crisis and Norway's emergence from it, long-term challenges of fiscal policy, and sustainable development: climate change and fisheries policies.
Also available in: French
- Click to access:
-
Click to download PDF - 3.53MBPDF
Executive summary
Norway has ridden out the financial crisis better than most OECD countries, with a shallower recession and unemployment likely to peak below 4%. Its advantageous fiscal position made room for a massive budgetary stimulus complementing steep cuts in interest rates and substantial liquidity measures. The key challenge is now to withdraw the extraordinary policy support sufficiently early to avoid overheating. Norway’s bold embrace of green growth objectives deserves praise, and the search for more cost-effective ways to pursue these objectives must continue.
Also available in: French
- Click to access:
-
Click to download PDF - 217.79KBPDF