Monthly Archives: August 2000

Capital, capital everywhere – How to invest it wisely?

August 30, 2000
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With oil revenues soaring, the time has come for Norway to consider how best to apply them to strengthen its economic infrastructure and policy framework to promote the nation’s longer-term development. As matters now stand, the oil wealth is causing problems by making the krone a petrocurrency pricing Norwegian labor and industry out of...

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Oil in Norway’s Balance of Payments and the prospective impact of privatization on the krone

August 17, 2000
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Speech to the Norwegian Shipowners’ Association, August 17, 2000 by Dr. Michael Hudson, ISLET © The debate over whether to privatize Norway’s oil, telephone system and other national assets has focused on considerations of whether private management would be more efficient than government management. The discussion to date has turned more on political ideology...

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