Can Norway Be a Role Model for Natural Resource Abundant Countries?

Ådne Cappelen and Lars Mjøset

No RP2009-23, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: During the 1950-70s Norway had relatively low GDP per capita compared to the OECD average and even more so compared to Denmark and Sweden. During the 1970s there was a significant catch-up in incomes and from the early 1990s a 'take-off' in relative income. Norway is currently ranked among the countries with the highest GDP per capita in the world and is at the top according to UNDP's human development indicator.

Keywords: Economic development; Economic growth; Economic policy; Institutional economics; Natural resources (search for similar items in EconPapers)
Date: 2009
New Economics Papers: this item is included in nep-ene, nep-env and nep-fdg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://www.wider.unu.edu/sites/default/files/RP2009-23.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:rp2009-23

Access Statistics for this paper

More papers in WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER) Contact information at EDIRC.
Bibliographic data for series maintained by Siméon Rapin ().