Structural change and economic policy: the Norwegian model under pressure

Jan Fagerberg, Ådne Cappelen and Lars Mjöset
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Lars Mjöset: Institute for Social Research, Oslo, Norway

No 1992456, Working Papers Archives from Centre for Technology, Innovation and Culture, University of Oslo

Abstract: During the 1950s and 1960s, a coherent system of economic policies was implemented in Norway. The article analyses the origins and functioning of this Norwegian model and shows how it broke down under the influence of both external and internal pressures from the mid-1970s onwards. By the early 1990s no new coherent system could be found, while financial deregulation had created huge problems in the banking system and unemployment persisted.

Pages: 20 pages
Date: 1992-02
Note: Originally published as NUPI working paper no.456, February 1990
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:tik:wparch:1992456

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