Gjedrem on monetary policy in an open economy

SPEECH - In the speech 'Monetary policy in an open economy' Svein Gjedrem of Norges Bank said it is a challenge to stabilise developments in the Norwegian economy when it is so closely integrated in the world economy but the economic system in Norway has changed considerably over the past 10 to 20 years when mistakes were made with severe imbalances in the Norwegian economy.

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Speech by Norway's Central Bank

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