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How Brunei Built the Laziest Economy in the World

Economics Explained

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Working Conditions, Salaries, and Brunei's Economy

This chapter explores the working conditions and salaries in Norway, including the absence of a minimum wage but the presence of union negotiated wages. It also discusses the small economy, high GDP per capita, and heavy reliance on oil and gas reserves in Brunei, highlighting the uncertainty caused by the expected depletion of these reserves.

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