How Norway avoided the 'curse of oil'

Norway's sovereign wealth fund is worth about $800bn (£483bn), owns 1% of the entire world's stocks, and is big enough to make every citizen a millionaire in the country's currency, the kroner. It comes from investing the country's oil and gas revenues.

How Norway avoided the 'curse of oil'

Norway is one of the richest places on earth, yet displays of ostentatious wealth are rare. How has Norway avoided the pitfalls of mineral wealth, and what comes after the oil runs out?

26 August 2014 | bbc.co.uk