Economic Bulletin articles from March 2003

Economic Bulletin archives from March 2003

Economic perspectives.
March 1, 2003... The global economy is ailing, plagued by a recent history of unsound investments, a fall in equity prices and fears of terror and war. In Norway, employees obtained the strongest increase in real wages for a generation in 2002. Petroleum...

Evaluation of Norges Bank's projections for 2001 and 2002.
March 1, 2003... Norges Bank's projections for developments in the Norwegian and international economy form an important basis for monetary policy decisions. Norges Bank places emphasis on the importance of evaluating the projections in the Inflation Report and...

Destruction of banknotes outside the central bank.
March 1, 2003... Developments in Norges Bank's cash handling services for banks in the 1980s and 1990s led to a need for a clearer distinction between central bank responsibilities and commercial services for banks. As a result, Norsk Kontantservice AS (NOKAS)...

Banks' pricing of risk associated with corporate lending.
March 1, 2003... If a bank on average prices its loans too low in relation to the risk associated with the loans, the bank's financial strength will deteriorate over time. Banks' pricing of risk is therefore important to the stability of the financial system....

Statistical annex.
March 1, 2003... Financial institution balance sheets 1. Norges Bank. Balance sheet 2. Norges Bank. Specification of international reserves 3. State lending institutions. Balance sheet 4. Commercial and savings banks. Balance sheet 5....