The lesson of Norway is how to manage a valuable natural resource. I.e. Don't sell it off in a one time auction to the highest bidder who then reaps all the gai

The lesson of Norway is how to manage a valuable natural resource. I.e. Don't sell it off in a one time auction to the highest bidder who then reaps all the gains. Norway tightly controls access to its oil and the profits have been very well managed. I agree that other nations like Venezuela and the US have squandered their natural wealth when compared with Norway's careful management. That being said, I agree with the parent that the aforementioned lesson isn't particularly universal, as a perquisite is having a plentiful and valuable natural resource to manage. So what lesson can a country like the UK or Germany take from Norway, given their natural resources are, for the most part, already exploited?