Norway: Staff Report for the 1999 Article IV Consultation

February 14, 2000

Preview Citation

Format: Chicago

Norway: Staff Report for the 1999 Article IV Consultation, (USA: International Monetary Fund, 2000) accessed November 22, 2024

Summary

Norway showed exemplary economic performance over the past decade, as reflected in the strong economic growth and low inflation. Executive Directors commended this development, and stressed the need to maintain monetary and fiscal stances, improve efficiency, and corporate governance. They appreciated the Solidarity Alternative policy framework for preserving the competitiveness of the non-oil economy, and employment through a combination of incomes policy and prudent management of the country's oil wealth. They agreed that the country's economic statistics are adequate for surveillance purposes in their coverage, quality, and timeliness.

Subject: Commodities, Fiscal policy, Fiscal stance, Labor, Oil, Pensions, Wages

Keywords: Consumer price inflation, CR, Differential vis-à-vis Germany, Electricity price, Europe, Fiscal stance, Inflation, Inflation report, ISCR, Key interest rate, Oil, Pensions, Staff appraisal, Wages

Publication Details

Pages:

52
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2000/015
Stock No:

1NOREA0012000
ISBN:

9781451829662
ISSN:

1934-7685

Notes

Included with the Staff Report are the text of Public Information Notice No. 00/07--IMF Concludes Article IV Consultation with Norway and a statement by Mr. O.-P. Lehmussaari, Executive Director, on January 28, 2000.

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