Assessment and Recommendations
I. Macroeconomic Performance
-Macroeconomic Developments: Tight Labour and Product Markets
-Macroeconomic Policy: The Framework Remains under Pressure
-Prospects and Policy Challenges Ahead
II. Structural Policy Surveillance
-Downward Pressures on Labour Supply Raise Labour Market Tensions
-Product Markets: More Remains to be Done
-Financial Markets: Further Drop in State Ownership
-The Tax System: Welfare Gains of the 1992 Reforms Threatened
-Public Sector Efficiency Could Be Improved
-Sustainable Development
-Scope for Further Action
III. How Should Norway Respond to Ageing?
-Introduction
-The Old-Age Burden Facing Norway
-Support for the Elderly and Incentives to Retire
-Care and Services for the Elderly
-Pension Expenditure Will More than Double as a Share of GDP
-Options for Reform
Annex I. Norwegian Regulatory Reform in the 1980s and 1990s
Annex II. Pension Benefits Provided by the National Insurance SchemeAnnex III. Calendar of Main Economic Events