OECD Economic Surveys: Norway 2007

Monetary policy under low inflation

DOI:https://dx.doi.org/10.1787/eco_surveys-nor-2007-4-en

Norway has a robust macroeconomic policy framework to manage the potentially destabilising impact of its oil wealth. Nonetheless, emerging macroeconomic imbalances due to the unusually large terms of trade shock may require flexibility in adaption ...



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