This 2001 Article IV Consultation highlights that the real mainland (non-oil) GDP of Norway is estimated to have grown well below potential in 2001, at 11⁄4 percent. Although high oil prices supported household confidence and domestic activity through most of the year, the global slowdown has...

This Selected Issues paper presents an assessment of Norway’s inflation targeting framework. It describes the institutional framework, and reviews accountability and transparency of the central bank as well as its communication with the public. The paper discusses the design of the framework,...

This Selected Issues paper presents the projections on the fiscal and external profiles for Norway, and discusses the long-term prospects and policy options. The study evaluates the details and implications of the system of social insurance schemes; and long-term profile of oil-related exports...

Norway, one of the world's richest economies and the second largest oil exporter, has been a model of prudent economic management of resource wealth. Executive Directors commended the impressive economic performance, marked by sustained solid growth, low inflation, unemployment, and strong...

The report on Norway’s Observance of Standards and Codes on the Financial Action Task Force Recommendations for Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) is examined. It describes and analyzes those measures, and provides recommendations on how certain aspects...