Norway’s sovereign wealth fund, the world’s largest with assets exceeding €1.7 trillion, stands as a symbol of prudent resource management and long-term economic planning. Yet behind this impressive figure lies a complex struggle: how to responsibly deploy the vast wealth generated from decades of oil and gas production without jeopardizing economic stability or environmental commitments. Monocle’s in-depth look inside Norway’s ongoing challenge reveals the tensions between prosperity and prudence, as the country navigates the perils of spending its oil fortune amidst shifting global dynamics and mounting domestic pressures.
Norway’s Sovereign Wealth Challenge Balancing Economic Growth with Long-Term Stability
Norway’s vast sovereign wealth fund, fueled by decades of oil and gas revenues, represents both a blessing and a complex dilemma for the nation’s policymakers. With assets exceeding €1.7tn, the fund is a global powerhouse designed to secure the country’s…
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Author : Mia Garcia
Publish date : 2025-09-18 00:37:00
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