Author : Oecd
Publisher :
Page : 124 pages
File Size : 40,25 MB
Release : 2014-01-23
Category : Business & Economics
ISBN : 9789264205116
Book Description
Norway, a constitutional monarchy with a population of 5.07 million, benefits from a prosperous economy due to its vibrant private sector, large state sector, and extensive social safety programmes. Although its economy slowed in 2008, and contracted in 2009, it returned to positive growth in 2010-12 when it reached gross domestic product (GDP) per capita of USD 61,870 (2011), the second highest in the OECD region and well above the OECD average figure of USD 33,971. Unemployment stood at only 3.3%. The employment rate of women was 73.4%, slightly below that of men, and well above the OECD figure of 56.7%. The latest OECD Economic Outlook sees a positive medium-term outlook for the Norwegian economy and forecasts strong growth for 2013 and 2014. This book reviews development co-operation efforts of Norway over the past five years. It examines both policy and implementation and takes an integrated, system-wide perspective on Norway's development co-operation and humanitarian assistance activities.