The Norwegian Oil Fund reinvests state revenues from the country’s petroleum sector to preserve today’s wealth for future generations. This system brings together growth and sustainability – but does it in reality? Norway is known as one of the richest countries in the world. Its fortune is based on its […]

Only very rarely does it happen that the way two nations see each other takes a complete U-turn. But this has happened in Scandinavia. As a Hungarian currently working in Norway, I find this fascinating and I’ve tried to understand how such a turn is possible. For centuries, Norway has been […]

At the Millennium Summit convened by the United Nations from 6-8 September 2000, the then Secretary-General Kofi Annan presented a report that laid the foundations for the pursuit of the Millennium Development Goals. Entitled ‘We the Peoples: The Role of the United Nations in the Twenty-First Century’ , the report […]

Growth studies show, counter to intuition, that the discovery of a natural resource may be a curse rather than a blessing since resource-rich countries grow slower than others. But it has been suggested that Norway may be an important exception to the curse and that the curse does not afflict […]