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If anyone wants to read about how Norway avoided this: http://www.ft.com/cms/s/2/99680a04-92a0-11de-b63b-00144feabdc0.html http://www.ft.com/cms/s/2/99680a04-92
by DTrejo 16y ago
If anyone wants to read about how Norway avoided this: http://www.ft.com/cms/s/2/99680a04-92a0-11de-b63b-00144feabdc0.html http://www.ft.com/cms/s/2/99680a04-92a0-11de-b63b-00144feabd...
- ananthrk 16y agoThanks. The article was very good. You should submit that as a separate entry.
- DTrejo 16y agoDone :) http://news.ycombinator.com/item?id=1434413 http://news.ycombinator.com/item?id=1434413
- jessriedel 16y agoI've only skimmed the FT article, but isn't the simplest explanation that Norway was a westernized, relatively rich democracy unlike the other examples such as Saudi Arabia and Venezuela? Yes, Norway wasn't as rich in 1968 is it is now, but the relative disparity between Norway and the outside countries which wanted to exploit the oil wasn't nearly as great as the other examples.
- binarycheese 16y agoThis is really a good read. You should definitely submit it separately here on HN