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Norway Business Forecast Report Q3 2012

763.57

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An electronic version (mostly PDF, but can be Excel or PPT), which is either available for immediate download or will be sent via email by the Publisher of the report. The licencing for an electronic version is for use by the purchaser ONLY.

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Market

All Sectors

Report Type

Country Guide

Country

Norway

Published

1 July 2012

Number of Pages

31

Report Delivery

Download

Delivery Lead Time

Immediate

Publisher

Business Monitor International

File Format

PDF

The Norwegian economy has enjoyed the tailwind of a debt-driven property boom over the past two decades – a fact we suspect will soon prove a serious macroeconomic weakness. Household debt and property prices appear to have reached unsustainable levels. Although we forecast growth at a less-than-disastrous 1.4% in 2012, we see several years of subpar growth ahead as such macroeconomic imbalances come home to roost.

We expect a continued warming of relations between Russia and Norway, in part propelled by the formers desire to tap into Norwegian expertise and cooperation in the development of oil reserves in the Barents Sea and the wider Arctic region. Stronger ties with Russia, particularly in the Arctic, will strengthen Norways position in its diplomatic dispute with China.

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An electronic version (mostly PDF, but can be Excel or PPT), which is either available for immediate download or will be sent via email by the Publisher of the report. The licencing for an electronic version is for use by the purchaser ONLY.

£763.57

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