2 ms·
Arguably Russia has followed the Norway model, with the state acquiring, for the benefit of the Russian people, full or majority ownership of most of the larges
by Reason077 3y ago
Arguably Russia has followed the Norway model, with the state acquiring, for the benefit of the Russian people, full or majority ownership of most of the largest oil and gas production companies since the mid-2000s or so.
It's just that in Russia, the oil money tends to flow to some citizens more than others.
- robertlagrant 3y agoState control is very reliant on the state being competent and trustworthy. Feels like that's the exception rather than the rule, but it's great Norway's done it.