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Norway: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper examines the role of the State Petroleum Fund in Norwegian economic policy, as a means to promote a sustainable long-term fiscal position and to help maintain the competitiveness of the non-oil (“mainland”) economy in the face of high oil export revenues. The paper documents the historical development of the wage bargaining framework in Norway, a country with a fairly centralized framework. It also compares recent wage developments in Norway with those of its trading partners to assess the implications for Norway’s international competitiveness.

Suggested Citation

  • International Monetary Fund, 1998. "Norway: Selected Issues," IMF Staff Country Reports 1998/034, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:1998/034
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=2613
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    Cited by:

    1. Auty, R. M., 2003. "Third time lucky for Algeria? Integrating an industrializing oil-rich country into the global economy," Resources Policy, Elsevier, vol. 29(1-2), pages 37-47.

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