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Includes articles on international business opportunities.
Telecommunications represents one of the largest high technology equipment and service industries in the world. Today there is growing support within the telecommunications industry for competition domestically and in world trade which is directly at odds with its distinctive political tradition of monopoly provision and minimally competitive international trade practices. This raises major questions, both for emerging public policy and for theorists concerned with the making of public policy. This particularly true for Europe, the focus of this study, where the reform of the telecommunications sector has proven one of the most vexing issues confronting the unification of the European Common Market. Noam's book is the first major attempt to address the complicated economic and policy issues of telecommunications in Europe. He provides a thorough discussion of the evolution of central telephone networks, equipment supply, new value-added networks, and new telecommunications-related services within the framework of a detailed country by country analysis. This highly accessible and comprehensive study will be of interest to students and professionals in the areas of communications, economics, and political science.
The Trade Policy Review Mechanism (TPRM) is a permanent feature of the World Trade Organisation as set up under the Marrakesh Agreement in January 1995. Under the TPRM, the trade policies of all WTO Members are subject to periodic review. The reviews are conducted by the Trade Policy Review Body (TPRB) on the basis of a policy statement by the Member under review and a comprehensive report drawn up by the WTO Secretariat. This report covers Norway's economic environment, trade policy regime framework and objectives, trade policies and practices by measure and trade policies by sector. The report concludes that Norway's economic performance has been solid and that the standard of living in Norway is high. This was achieved due to a liberal trade regime, disciplined macroeconomic policies and the deft management of natural resources. Norway is commended for its support to developing and least developed countries, including through both direct aid and tariff preferences. Against this positive background, Norway faces the long-term challenge of an ageing population and an economy closely linked to the production of exhaustible hydrocarbon resources. Sustaining current living standards will thus be linked to reducing remaining distortions and hastening the relatively low pace of productivity growth, particularly through further liberalisation efforts. Above all, this would call for rationalising assistance to the agricultural sector. Other distortions also need addressing, including those that may arise from certain investment barriers to non-EAA investors and from subsidies for regional and industrial-policy reasons.
2011 Updated Reprint. Updated Annually. Norway Business Law Handbook