Avoiding the Oil Curse: The Case of Norway

Explore Prime Minister Jens Stoltenberg's insights on Norway's successful management of its oil wealth in this Harvard Kennedy School forum. Delve into the concept of the "Oil Curse" and its negative impact on countries with abundant natural resources. Discover Norway's unique approach to balancing oil and gas revenues within its economy, avoiding common pitfalls associated with resource-rich nations. Learn about the country's strategies for maintaining social equality, including high employment rates and progressive parental leave policies. Gain valuable knowledge on topics such as the Dutch Disease, separating earnings from spending, Norway's pension fund, investment strategies, and environmental policies. Engage with the Prime Minister's responses to questions on various aspects of Norway's economic and social policies, providing a comprehensive understanding of how the country has leveraged its natural resources for sustainable growth and societal well-being.