Norway: Staff Report for the 2003 Article IV Consultation
Volume/Issue:
Volume 2004
Issue 094
Publication date: April 2004
ISBN: 9781451829709
$20.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
| Paperback | ePub | Mobi | ||
| English |
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book
This title contains information about the following subjects.
Click on a subject if you would like to see other titles with the same subjects.
Business and Economics , Finance , Inflation , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , ISCR , CR , mainland GDP growth , growth estimate , estimate , monetary policy , growth , IMF staff estimate , third-quarter growth , inflation expectation , Inflation , Inflation targeting , Fiscal stance , Global , Asia and Pacific
Summary
In 2003, domestic and external factors in Norway slowed real GDP growth to an estimated 0.5 percent. With inflation pressures waning, Norges Bank cut interest rates aggressively. The non-oil fiscal position has deteriorated somewhat over the past two years, only partly reflecting the cycle. Discussions covered the short-term outlook and policy options, the monetary and fiscal policy frameworks, aging and long-term fiscal sustainability, and structural reform. The financial system has weathered the downturn, though with some weakening of profitability.
Copyright © 2010 - 2026
Powered by:
AIDC