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The Economics Department has carried out a number of studies on the conduct and operation of monetary policy in the context of liberalised financial markets and price stability; the role of the exchange rate in monetary policy formulation and the effects of monetary policy on the real economy.
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20-Aug-2008
The Norwegian economy has benefitted from rising world energy prices, fiscal restraint, successful monetary policy and a capacity to attract foreign labour. But difficult challenges lie ahead. Could the rapid rise in labour costs lead to inflation becoming entrenched? Is rising household debt a serious risk? How can the education system be improved?
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17-Jul-2008
Turkey should adopt tougher fiscal rules and reform its labour market to boost its economic performance, according to this new OECD report.
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11-Jun-2008
Canada’s economic performance has been among the best in the OECD as a sound policy framework has enabled the country to take advantage of strong global growth and soaring terms of trade. The economy has adapted well to recent shocks, as labour and capital have shifted rapidly from manufacturing towards the resource and service sectors, with strong net job increases.
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11-Jun-2008
How to make the recent growth performance more sustainable? How to achieve a better macro-economic policy mix? How to raise work incentives and economic efficiency? How best to stimulate the supply of affordable housing in major cities? How to improve transport infrastructure rapidly?
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