Norway: Selected Issues

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 and income. The paper highlights the economics behind long-term projections for the non-oil current account. The study focuses on the implications of centralized bargaining for the labor market, and explores its continued viability.
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Volume/Issue: Volume 2001 Issue 034
Publication date: February 2001
ISBN: 9781451829723
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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 , Exports and Imports , Labor , Economics- Macroeconomics , Public Finance , ISCR , CR , private sector , occupational pension , wage increase , Dutch disease , exchange rate , wage scale , financial assets , wage compression , Labor markets , Oil , Wages , Employment , Pension spending , Europe

Summary

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 and income. The paper highlights the economics behind long-term projections for the non-oil current account. The study focuses on the implications of centralized bargaining for the labor market, and explores its continued viability.