## Norway: Staff Report for the 2000 Article IV Consultation

_IMF Staff Country Reports, February 5, 2001_

## Source details

**Canonical URL:** [Norway: Staff Report for the 2000 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/30/norway-staff-report-for-the-2000-article-iv-consultation-3928)

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## Bibliographic details
- Published: February 5, 2001
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451829679.002

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### Executive summary and assessment
- Norway is described as "one of the world's richest economies and the second largest oil exporter."
- The country has been "a model of prudent economic management of resource wealth."
- Executive Directors commended:
  - "impressive economic performance"
  - "sustained solid growth"
  - "low inflation"
  - "low unemployment"
  - "strong fiscal and external positions"
- They noted that "countercyclical fiscal management was a key pillar of the strategy."

### Policy recommendations and priorities
- Executive Directors stressed the need to:
  - "tighten fiscal and monetary policies"
  - "accelerate structural reforms"
  - "increase labor supply"
  - "restrain public expenditure"
  - "move forward with privatization initiatives"

### Subject coverage and keywords
- Subject: Commodities, Fiscal policy, Fiscal stance, Labor, Oil, Oil prices, Pensions, Prices, Wages
- Keywords: consumer price inflation, cost inflation, CR, euro, Europe, exchange rate, Fiscal stance, ISCR, mainland GDP, mainland GDP growth, Oil, Oil prices, Pensions, staff appraisal, state, Wages

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/30/norway-staff-report-for-the-2000-article-iv-consultation-3928_