Authors
Organisation for Economic Co-operation and DevelopmentThis 2014 OECD Economic Survey of Norway examines recent economic developements, policies and prospects. Special chapters cover real estate markets and financial risk and entrepreneurship. Norway's new government has taken over responsibility for a prosperous, well-managed economy, where people are generally happy - indicators of both material and non-material welfare are at high levels. Intelligent use of wealth from petroleum resources and active use of monetary policy within the flexible inflation-targeting framework have insulated Norway from the worst of the financial crisis-induced recession and supported the recovery. There are challenges in a number of areas, which are taken up in this Survey.
