Main menu For students For teachers Explore our subjects Student events & courses

Explore

More for students
Sign in

Teaching Economics

Blog

Norway - Shallower Recession and Better Placed

Geoff Riley

18th May 2009

Share this content:

According to some measures, Norway has the strongest currency in the world. Outside of the EU but inside the single market, Norway is often held up as a example of a path that the UK might follow if relations with the rest of the ever broke down irrevocably. An unlikely scenario? Yes, and there are also big differences in the structure of the Norwegian economy compared to ours.

This BBC article highlights that Norway has not been immune from the chill recessionary winds affecting the European continent. But it has the fiscal resources to fight back - not least the cushion provided by the long term growth of her sovereign wealth fund.

Share this content:

Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

You might also like

Ending Peruvian Poverty

8th October 2015

Global Goals are set to address poverty and underdevelopment

6th October 2015

Dissecting the Commodity Price Meltdown

5th October 2015

Uber faces UK regulatory review

2nd October 2015

How do you deal with someone who thinks the Earth is flat?

23rd September 2015

Don't panic - how to end poverty!

23rd September 2015

Teaching PowerPoints for A Level Economics

23rd September 2015

John McDonnell's Economics

16th September 2015