OECD Economic Surveys: Norway 2019

Download or read book OECD Economic Surveys: Norway 2019 written by OECD and published by OECD Publishing. This book was released on 2019-12-09 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wellbeing in Norway is high; GDP per capita is among the top-ranking countries and the country scores well in measures of inclusiveness. Several challenges must be addressed, however, if this good standing is to be sustained. The economy is vulnerable to trade risks. Also, though property markets and related credit appear to be heading for a soft landing, risks remain. Norway has substantial opportunities for more effective public spending remain, and exploiting these will become more important as fiscal space narrows. Productivity growth remains low, requiring attention to business policy.