Norway: Selected Issues

This Selected Issues paper of Norway presents a cyclical indicator of fiscal policy at the general government level, and provides an updated assessment of the long-term fiscal position based on the future profile of the State Petroleum Fund (SPF). The study focuses on structural changes needed and prospects for privatization of state assets in the telecommunications and petroleum sectors. The paper analyzes the key issues in the Norwegian financial sector, outlines recent financial developments and banking soundness indicators, and also assesses the financial policy framework.
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Volume/Issue: Volume 2000 Issue 035
Publication date: March 2000
ISBN: 9781451829716
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Topics covered in this book

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Business and Economics , Banks and Banking , Finance , Economics- Macroeconomics , Public Finance , ISCR , CR , government , enterprise , market power , central government , rent extraction , government stake , telecommunications company , U , K , guarantee funds , petroleum policy , local government , budget surplus , Fiscal stance , Privatization , Oil , Commercial banks , Europe , IMF UR , mainland GDP , local authority budget , elasticities of tax revenue , revenue base

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Summary

This Selected Issues paper of Norway presents a cyclical indicator of fiscal policy at the general government level, and provides an updated assessment of the long-term fiscal position based on the future profile of the State Petroleum Fund (SPF). The study focuses on structural changes needed and prospects for privatization of state assets in the telecommunications and petroleum sectors. The paper analyzes the key issues in the Norwegian financial sector, outlines recent financial developments and banking soundness indicators, and also assesses the financial policy framework.

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