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Agreement between Norway and Saint Kitts and Nevis for the exchange of information relating to tax matters
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Agreement between Norway and St Vincent and the Grenadines for the exchange of information relating to tax matters
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Agreement between Greenland and Saint Kitts and Nevis for the exchange of information relating to tax matters
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This note is taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2010.
Sustainable development has a key place in Norway’s policy objectives. Norway can refine its indicators, and extend the use of economic incentives and evaluation in climate change and fisheries policy.
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Norway has ridden out the financial crisis better than most OECD countries, with a shallower recession and unemployment likely to peak below 4%. Its advantageous fiscal position made room for a massive budgetary stimulus complementing steep cuts in interest rates and substantial liquidity measures. The key challenge is now to withdraw the extraordinary policy support sufficiently early to avoid overheating. Norway’s bold embrace of
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 The large policy stimulus should be withdrawn soon.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.
Despite substantial income from petroleum wealth, Norway is nevertheless confronted with fiscal challenges in the long term.
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Statement by Mr Lars Peder Brekk, Minister of Agriculture and Food, Norway, to OECD Agriculture Ministerial Meeting 2010