| Author (Corporate) | Organisation for Economic Co-operation and Development (OECD) |
|---|---|
| Publisher | OECD Publishing |
| Series Title | OECD Reviews of Regulatory Reform |
| Publication Date | 2003 |
| ISBN | 92-64-10310-4 |
| Content Type | Report |
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Norway has a strong economy and its citizens enjoy a high standard of living. It manages its considerable oil wealth very effectively. It has taken important steps to reform its public sector, one of the largest in the OECD. But further regulatory reforms are needed to secure the future strength of the economy given pressures for increased public spending and the challenges raised by a rapidly ageing population. Regulatory reforms should aim at improving the efficiency of the public sector, strengthening the overall performance of the mainland economy, and promoting a more systematic and centrally-driven regulatory governance policy including appropriate regulatory institutions. Another key issue for raising performance is state ownership. The current debate on how far to reduce the role of the State in business and service delivery needs to be taken forward. The labour market also needs reforms to remove bottlenecks for growth. This report makes the case for immediate action in order to reduce the risk of problems in the future. |
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| Source Link | http://www.keepeek.com/Digital-Asset-Management/oecd/governance/oecd-reviews-of-regulatory-reform-norway-2003_9789264103122-en |
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| Countries / Regions | Norway |
