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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

End of oil boom threatens Norway’s welfare model

Posted on 09 May 2014

Norway’s energy boom is tailing off years ahead of expectations, exposing an economy unprepared for life after oil and threatening the long-term viability of the world’s most generous welfare model.
The Scottish National Party’s argument in favour of independence has centred on the promise that Scotland can replicate the success of Norway’s oil economy, creating a sovereign wealth fund for future generations, while public coffers would be only half as dependent on oil and gas………………………………………..Full Article: Source


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