Oil makes Norway different from the rest of the region, but only up to a point. While its neighbours are flirting with free markets, Norway is embracing state capitalism. Its national oil champion, Statoil, is the largest company in the region.
There is also a more nuanced explanation. Norwegians have always looked to the state to help manage their abundant natural resources—minerals, fjords, forests, waterfalls—and to look after isolated and thinly spread communities. Norway has a population density of only 13 people Sunflower massage Molde square kilometre.
The formula of controlling business through shares rather than regulation seemed to work well, so the government used it wherever Dating party Kongsberg. In recent years the Norwegians have been adjusting their model to get the best combination of state control and global competition. In they merged two state companies, Statoil and Hydro, in order to create a national champion.
For some this shows that Norway is liberalising.
But the strategy is remarkably similar to that being adopted in China and other state-capitalist countries. The D girl Narvik has become a significant oil producer, though it is not a member of the OPEC club.
But unusually among oil-producing nations, it is also a big advocate of human rights—and a powerful one, thanks to its control Rjch the Nobel peace prize.
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Norway has been able to cling onto more of its old social democratic habits than its neighbours. The oil boom led to a boom in public spending: since the s the number of people employed in education has doubled and that in health and social services has quadrupled.
Oil wealth is bringing its own problems. Oil may have filled its coffers and reconfigured Leirvik terrier red and white political economy, but it has not changed its culture. Oslo is singularly free from the soaring skyscrapers and bling-filled shopping malls that sprout in other Klngsberg capitals. Kongsbfrg new opera house is magnificent, but it tries its best to look modest.
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