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Norway

by International Monetary Fund

๐Ÿ“– The Scoop

This Selected Issues paper examines the role of the State Petroleum Fund in Norwegian economic policy, as a means to promote a sustainable long-term fiscal position and to help maintain the competitiveness of the non-oil (โ€œmainlandโ€) economy in the face of high oil export revenues. The paper documents the historical development of the wage bargaining framework in Norway, a country with a fairly centralized framework. It also compares recent wage developments in Norway with those of its trading partners to assess the implications for Norwayโ€™s international competitiveness.

Genre: Business & Economics / Foreign Exchange (fancy, right?)

๐Ÿค–Next read AI recommendation

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