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I have no time for a long answer either, but I can confirm that every Norwegian government since oil was discovered has been very aware of the dangers of becoming too dependent on the oil industry.

I would say we have been quite successful in maintaining a diverse knowledge based industry spread over the whole country - although small scale compared to those in more industrial nations.  Much of this new industry is, of course, related to oil.  Every oil company that drills on the Norwegian shelf, has always had to source a certain percentage of their services from local firms.  This has given us unique  knowhow in certain niche areas.  

Education has been key to achieving this.  I believe the Norwegian population has one of the highest levels of education in the world - and education has always been free (nothing to do with oil-money).

Could write more on various efforts to diversify, but need to stop here...

     

by Solveig (link2ageataol.com) on Mon Dec 3rd, 2007 at 08:04:24 PM EST
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