| Description |
1 online resource (72 pages) |
| Series |
IMF country report ; no. 12/25 |
|
IMF country report ; no. 12/25.
|
| Contents |
Cover -- CONTENTS -- THE MACROECONOMIC SETTING -- A. Supportive Policies Have Facilitated Steady Recovery -- B. A Strong Exchange Rate Has Contributed to Low Inflation -- C. Improved Terms of Trade Have Boosted the External Sector -- D. House Prices and Private-Sector Debt Levels Remain High -- E. Financial Sector Balance Sheets Improving, but Vulnerabilities Remain -- OUTLOOK, RISKS, AND SPILLOVERS -- POLICY DISCUSSIONS -- A. The Policy Mix -- B. Fiscal Policy -- C. Monetary Policy -- D. Financial Sector Issues -- STAFF APPRAISAL -- TABLES |
|
1. Selected Economic Indicators, 2004�122. Medium-Term Indicators, 2008�16 -- 3. External Indicators, 2008�16 -- 4. Key Fiscal Indicators, 2004�12 -- 5. General Government Accounts, 2004�10 -- 6. Financial System Structure, 2006�11 -- FIGURES -- 1. GDP -- 2. Key Activity Indicators -- 3. Labor Market -- 4. Price Developments -- 5. External Developments -- 6. Household and Corporate Sector -- 7. Credit Market Developments -- 8. Credit Standards and Lending -- 9. Nordic Banks� Relative Performance -- 10. Bank Performance -- BOX |
|
1. Authorities� Response to Past IMF Policy RecommendationsANNEXES -- I. Estimating the Size of Norway�s Output Gap -- II. Does Norway Have a Competitiveness Problem? -- III. House Prices in Norway -- IV. Risk Assessment Matrix -- V. Exposure to the Eurozone and Other International Linkages -- CONTENTS -- FUND RELATIONS -- STATISTICAL ISSUES |
| Summary |
Norway's near-term macroeconomic priority is to reduce risks arising from high-household debt by tightening macroprudential standards for mortgage lending while undertaking tax reforms to gradually reduce incentives for excessive leverage. Creating a stronger institutional framework for acroprudential policy would also assist risk mitigation in the future. With the output gap closing, fiscal tightening is needed over the medium term in the central scenario to rebuild precautionary buffers and ensure that fiscal guidelines are met on average over the cycle |
| Notes |
"February 2012." |
| Bibliography |
Includes bibliographical references |
| Notes |
Online resource; title from PDF title page (IMF Web site, viewed February 2, 2012) |
| Subject |
International Monetary Fund -- Norway
|
| SUBJECT |
International Monetary Fund fast |
| Subject |
Economic indicators -- Norway
|
|
Economic history
|
|
Economic indicators
|
|
Economic policy
|
| SUBJECT |
Norway -- Economic conditions.
http://id.loc.gov/authorities/subjects/sh85092640
|
|
Norway -- Economic policy
|
| Subject |
Norway
|
| Form |
Electronic book
|
| Author |
International Monetary Fund.
|
| ISBN |
146395350X |
|
9781463953508 |
|
9781463953515 |
|
1463953518 |
|
1463940378 |
|
9781463940379 |
|
