Norway: 2013 Article IV Consultation

September 5, 2013

Preview Citation

Format: Chicago

Norway: 2013 Article IV Consultation, (USA: International Monetary Fund, 2013) accessed December 22, 2024

Summary

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.

Subject: Banking, Fiscal policy, Fiscal rules, Housing prices, Inflation, Oil prices, Prices

Keywords: CR, Economy, Financial market regulation, Fiscal rules, GDP, Global, GPFG value, Holding, Housing prices, Inflation, ISCR, Mainland GDP, Oil prices, Percent allocation, Rate of return, SDR million, SDR percent, Unit labor costs

Publication Details

Pages:

55
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/272
Stock No:

1NOREA2013001
ISBN:

9781484340028
ISSN:

1934-7685

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