Norway pumps three million barrels of oil from the North Sea daily, and is the world's third largest oil exporter. However, the oil will run out and to ensure the wellbeing of future generations, the Norwegian state governs a pension fund based on current oil revenues with strict ethical guidelines. + More

Norway’s economic policy is designed to stabilize and counteract unemployment and inflation, to stimulate growth and to influence the structure of industry and the distribution of income. Regions with little industry are subject to more ... + More