Avoiding the Oil Curse: The Case of Norway

Explore Prime Minister Jens Stoltenberg's insights on Norway's successful management of its oil wealth in this Harvard Kennedy School forum. Delve into the concept of the "Oil Curse" and its negative impact on countries with abundant natural resources. Discover Norway's unique approach to balancing oil and gas revenues within its economy, avoiding common pitfalls associated with resource-rich nations. Learn about the country's strategies for maintaining social equality, including high employment rates and progressive parental leave policies. Gain valuable knowledge on topics such as the Dutch Disease, separating earnings from spending, Norway's pension fund, investment strategies, and environmental policies. Engage with the Prime Minister's responses to questions on various aspects of Norway's economic and social policies, providing a comprehensive understanding of how the country has leveraged its natural resources for sustainable growth and societal well-being.

Introduction
Natural resources vs GDP
Dutch Disease
The Danger Zone
Avoiding the Oil Curse
Strategy 1 Separate earnings from spending
Norways strategy
Spending vs earnings
Pension fund
Investment strategy
Real estate
Employment
Equal Distribution
Questions
Environmental Policy
Jens Stoltenberg
Nino
Matt Stoller
Mei Haaland
Jose Morales
Nikolai Westman
Samuelson
Kenya