Watching Government: How Norway avoided mistakes

Careful strategic decisions soon after crude oil was discovered off its coast in the 1960s helped Norway dodge the "resource curse" that often plagues other countries with similar sudden fossil energy wealth, a political advisor to the Labour party in Norway's parliament said on Oct. 25. Sticking to that broad strategy, once it was formulated, was crucial, Siri Holland told an audience at the Institute for European, Russian, and Eurasian Studies at George Washington University's Elliott School of International Affairs. "It's an ongoing struggle," she said. "So far, we're doing pretty well." Government officials quickly recognized that Norway's oil and gas res...

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