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Norway

Preparing for the Future Now

Norway by Organisation for Economic Co-operation and Development
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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.

Norway is one of many OECD countries to request a broad review by the OECD of its regulatory practices and reforms. This review presents an overall picture, set within a macro-economic context, of regulatory achievements and challenges including regulatory quality, competition policy, and market openness. It also assesses progress in the commercialisation of government services, reforms of civil aviation, hospitals and labour market institutions. An important chapter, new to the series, discusses the role of regulators in the governance of modern economies, against the background of the review of Norway’s supervisory agencies.

The background material used to prepare this report is available at: www.oecd.org/regreform/backgroundreports

In the same series:

Regulatory Reform in Canada
Regulatory Reform in the Czech Republic
Regulatory Reform in Denmark
Regulatory Reform in Finland
Regulatory Reform in Greece
Regulatory Reform in Hungary
Regulatory Reform in Ireland
Regulatory Reform in Italy
Regulatory Reform in Japan
Regulatory Reform in Korea
Regulatory Reform in Mexico
Regulatory Reform in the Netherlands
Regulatory Reform in Poland
Regulatory Reform in Spain
Regulatory Reform in Turkey
Regulatory Reform in the United Kingdom
Regulatory Reform in the United States

The OECD Report on Regulatory Reform: Synthesis, and the supporting two-volume OECD Report on Regulatory Reform: Sectoral and Thematic Studies, published in 1997 provides the conceptual framework of regulatory reform. Regulatory Policies in OECD Countries: From Interventionism to Regulatory Governance, published in 2002, presents the first comparative overview on country experiences of regulatory reform.

Organisation for Economic Co-operation and Development; January 2003
172 pages; ISBN 9789264103122
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Title: Norway
Author: Organisation for Economic Co-operation and Development
 
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