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6min chapter
Did the “Perfect Economy” Just Get Better?
Economics Explained
Norway's Transformation and Successful Management of Natural Resource Revenues
Exploring how Norway's discovery of oil and natural gas deposits led to their transformation into a wealthy economy, discussing their balanced approach to extraction and the advantages they had in terms of stability and infrastructure. It also examines different strategies employed by countries to benefit from resource revenues and highlights Norway's high taxation system and sovereign wealth fund.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode