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If their tech sector really has tilted strongly towards resource extraction it might be a sign that Norway isn't avoiding 'resource curse'. Helping other coun
by galago 12y ago
If their tech sector really has tilted strongly towards resource extraction it might be a sign that Norway isn't avoiding 'resource curse'.
Helping other countries extract fossil fuels more quickly might well exacerbate the planet's upcoming crises. So, from my perspective this is part of the problem.
- reitanqild 12y agoPartly agree. For now it seems to be keeping them afloat into 2050 or something provided they don't come up with something really stupid before that. After that they have the worlds 3rd largest Thorium reserve. One good thing I think is at least they are not spending it as they extract it, rather investing it globally.
- amund 12y agoFortunately it's not all resource extraction, there is also significant amounts of mobile tech, ref: http://memkite.com/2014/04/28/trondheim-the-unknown-mobile-tech-capital-of-the-nordics/ http://memkite.com/2014/04/28/trondheim-the-unknown-mobile-t...
- 001sky 12y agoThe resource curse seems to be mitigated the more the local population is involved in the engineering and science of the various resource exploratin/extraction processes. Norway having a tech-sector to "tilt" towards resource extraction is itself highly unusual.