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IMO, INMARSAT, INTELSAT, INTERPOL, IOC, IOM, ISO, ITU, LORCS, MTCR, NACC, NATO, NC, NEA, NIB, NSG, OECD, PCA, UN, UNAVEM, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, UNIIMOG, UNMOGIP, UNTSO, UPU, WHO, WIPO, WMO, ZC :Norway Government Diplomatic representation: Ambassador Kjeld VIBE; Chancery at 2720 34th Street NW, Washington, DC 20008; telephone (202) 333-6000; there are Norwegian Consulates General in Houston, Los Angeles, Minneapolis, New York, and San Francisco, and Consulates in Miami and New Orleans US: Ambassador Loret Miller RUPPE; Embassy at Drammensveien 18, 0244 Oslo 2 (mailing address is APO AE 09707); telephone [47] (2) 44-85-50; FAX [47] (2) 43-07-77 Flag: red with a blue cross outlined in white that extends to the edges of the flag; the vertical part of the cross is shifted to the hoist side in the style of the Dannebrog (Danish flag) :Norway Economy Overview: Norway has a mixed economy involving a combination of free market activity and government intervention. The government controls key areas, such as the vital petroleum sector, through large-scale state enterprises and extensively subsidizes agricultural, fishing, and other sectors. Norway also maintains an extensive welfare system that helps propel public-sector expenditures to slightly more than 50% of the GDP and results in one of the highest average tax burdens in the world (54%). A small country with a high dependence on international trade, Norway is basically an exporter of raw materials and semiprocessed goods, with an abundance of small- and medium-sized firms, and is ranked among the major shipping nations. The country is richly endowed with natural resources - petroleum, hydropower, fish, forests, and minerals - and is highly dependent on its oil sector to keep its economy afloat. Although one of the government's main priorities is to reduce this dependency, this situation is not likely to improve for years to come. The government also hopes to reduce unemployment and strengthen and diversify the economy through tax reform and an expansionary 1992 budget. Forecasters predict that economic growth will rise slightly in 1992 because of public-sector expansion and moderate improvements in private investment and demand. Inflation will remain about 3%, while unemployment continues at record levels of over 5% becaus
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