Sweden, without oil and without much fishing, is also doing really well per-capita etc.
On the ground, the welfare state approach seems the plausible explanation.
And how will Norway do post-oil? Really rather well, it seems, because of its sovereign wealth approach which contrasts strongly with eg the Texas approach.
On the ground, the welfare state approach seems the plausible explanation.
And how will Norway do post-oil? Really rather well, it seems, because of its sovereign wealth approach which contrasts strongly with eg the Texas approach.