Norway Selected Issues

This paper focuses on Norway’s 2013 Article IV Consultation on economic policies to enhance long-term competitiveness. The success of the oil sector has created new competitiveness challenges. The IMF report states that rapid increases in oil wealth are also adding further pressures on the economy d...

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Bibliographic Details
Corporate Author: International Monetary Fund European Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2013
Series:IMF Staff Country Reports
Subjects:
Oil
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Norway  |b Selected Issues 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2013 
300 |a 34 pages 
651 4 |a Norway 
653 |a Energy: Demand and Supply 
653 |a Income 
653 |a Real Estate 
653 |a Oil prices 
653 |a Oil 
653 |a Investments: Energy 
653 |a Housing Supply and Markets 
653 |a Fiscal Policy 
653 |a Housing 
653 |a Fiscal policy 
653 |a Aggregate Factor Income Distribution 
653 |a Petroleum industry and trade 
653 |a National accounts 
653 |a Property & real estate 
653 |a Commodities 
653 |a Energy: General 
653 |a Prices 
653 |a Macroeconomics 
653 |a Investment & securities 
653 |a Housing prices 
653 |a Fiscal transfers 
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490 0 |a IMF Staff Country Reports 
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520 |a This paper focuses on Norway’s 2013 Article IV Consultation on economic policies to enhance long-term competitiveness. The success of the oil sector has created new competitiveness challenges. The IMF report states that rapid increases in oil wealth are also adding further pressures on the economy despite sound oil revenue management anchored by a fiscal rule. It also highlights that a slower rate of spending could better align the expected fiscal transfers with the expected long run aging- related costs that peak only after oil production is largely over