entity Updated 2026-08-07 Tags: Country, Oil, Fisheries, Public-Finance, Political-Economy, Trade

Norway

How to beat the resource curse in Norway (Summer School) adds Norway as the positive countercase to the wiki’s existing oil-resource-curse branch. The Planet Money Summer School episode presents the country as rich and high-trust, but not frictionless: Hilde Bjornland notes debates over entrepreneurship, productivity, technology, AI readiness, wealth taxes, and public spending.

The oil branch centers on Farouk Al Qassem, [[EkofiskOilField|Ekofisk]], and the Norwegian Oil Fund. Norway avoided a simple boom-spending path by preparing early, regulating oil companies, limiting license blocks, taxing heavily, reinvesting in offshore technical capacity, and saving later revenues through Sovereign Oil Fund Governance.

The salmon branch turns Norway from resource manager into market creator. With excess salmon supply and cultural resistance to raw salmon in Japan, Norwegian officials and Bjorn Adek Olsen used Export Market Coordination, National Export Branding, and a deal with Nishire to help normalize salmon sushi.

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