Norway: Selected Issues

September 9, 2015

Preview Citation

Format: Chicago

Norway: Selected Issues, (USA: International Monetary Fund, 2015) accessed December 23, 2024

Summary

This Selected Issues paper analyzes Norway’s economy that has a maturing oil and gas industry. Norway’s half century of good fortune from its oil and gas wealth may have peaked. Oil and gas production will continue for many decades on current projections, but output and investment have flattened out, and the spillovers from the offshore oil and gas production to the mainland economy may have turned from positive to negative. Thus far, economic policy has needed to focus on managing the windfall, and Norway’s institutions have been a model for other countries. Going forward, the challenges are expected to become more complex.

Subject: Commodities, Housing, Housing prices, Labor, Labor markets, Migration, National accounts, Oil, Population and demographics, Prices

Keywords: Central and Eastern Europe, Commodity price inflation, CR, Eastern Europe, Exchange rate, Extent exchange rate depreciation, Global, House price, Household debt, Housing, Housing prices, Inflation, ISCR, Labor market, Labor markets, Migration, Oil, Oil price, Price

Publication Details

Pages:

48
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/250
Stock No:

1NOREA2015002
ISBN:

9781513503165
ISSN:

1934-7685

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