Tag "Norway"
Ukraine crisis hurts Arctic relations
Western sanctions spell serious disruptions for petroleum exploration in the Arctic, and threaten to undo decades of work to foster cross-border trade and relations in northern Norway. The crisis in
Norwegian economy sees surprise growth
The Norwegian GDP recently posted surprisingly strong growth in the second quarter, defying the recurrent warnings of an imminent economic downturn. The Norwegian economy grew faster than analysts had predicted
EU seal case adds new protectionism to WTO
The WTO’s public morality exemption has seldom been employed. However, a recent successful challenge has changed that and may herald a litany of trade restrictions in the near future. Goods,
Norway woos China by refusing to meet with Dalai Lama
Norwegian-Chinese relations suffered when the Nobel Peace Prize was handed to the Chinese dissident Liu Xiabo. Now the government tries to normalize relations by refusing to meet with the Dalai Lama. As a small
Four Countries that beat the resource curse
Four countries that have successfully navigated the potential pitfalls of natural resource wealth provide examples of how best to avoid falling victim to the “paradox of plenty.” A quick look
Arctic nations continue militarizing the Arctic
Arctic nations have in recent years unveiled plans to upgrade military capabilities, allowing for operations in the harsh Arctic region. Yet while these developments affirm the increased strategic value of
Arctic extraction sees huge potential, high risks
Massive petroleum and mineral reserves in the Arctic region are gradually becoming accessible due to climate change. However, companies face high risks as a result of large investment and operational
Northeast Passage to revolutionize global shipping
Developing the Northeast Passage could revitalize Arctic regions, allow the shipping industry to bypass politically unstable areas and reduce travel costs and carbon emissions. But the project is dependent on
Norway’s falling housing prices threaten growth
Negative prognoses based on falling housing prices may not, in fact, spell disaster for the Norway’s economy. Yet, dependency on oil is a continuous policy problem that the new government
Russia plans to win the Arctic race
Russia’s behavior in the Arctic reveals a strong prioritization of national economy and energy security at the expense of environmental sustainability. This behavior has an important effect on the region, to
