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Norway’s dual income tax system achieves high levels of revenue collection and income redistribution, without overly undermining economic performance and while paying attention to environmental externalities.
Country Notes from OECD Economic Policy Reforms: Going for growth 2011 presenting OECD recommendations for structural reform priorities for individual countries.
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Overview - Economic Survey of Norway 2012
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Data - Norway Survey graph 2012
Norway’s economy was protected from the worst of the 2008-09 crisis and should escape relatively unscathed from the euro area turmoil. This Survey discusses policies to promote sustainable growth and labour participation, and improve public spending and the tax system.
The OECD’s latest economic survey of Norway, to be published on Wednesday 15 February 2012, discusses how sound macroeconomic policies and well-managed petroleum wealth have helped the country successfully weather the global economic crisis.
Sustainable development is a key theme in policy making in Norway. Norway can and should follow through more strongly the logic of its pioneering use of economic incentives to further sustainability goals.
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This note is taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2010.
Norway’s economy has been very resilient in the crisis. As the economy moves into what is projected to be a strong recovery, the authorities need to unwind the extraordinary anti-crisis measures.
Norway’s economy has been particularly resilient during the crisis. The large policy stimulus should be withdrawn soon. Public spending needs to be made more efficient and cost-effective environmental and fishing policies need to be further pursued.