Norway: 2013 Article IV Consultation

International Monetary Fund

No 2013/272, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2013 Article IV Consultation highlights that Norwegian economy has been performing well, with mainland GDP growing steadily. However, the continuing buildup of assets in the sovereign wealth fund and the increasing share of the mainland economy that is supplying goods and services to the oil sector are leading to competitiveness pressures in other industries exposed to international competition. The IMF staff report suggests that inflation is expected to be below target for some time and gradually rise to the target in the medium term.

Keywords: ISCR; CR; GDP; economy; rate of return; holding; SDR percent; financial market regulation; SDR million; mainland GDP; GPFG value; percent allocation; unit labor costs; Housing prices; Fiscal rules; Inflation; Oil prices; Global (search for similar items in EconPapers)
Pages: 55
Date: 2013-09-05
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