welfare state

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  • The role of welfare state in Norway  2019-04-28 10:29

    By Hanif Ghaffari

    The role of welfare state in Norway 

    TEHRAN - Norway is located in Northern Europe and is one of the Nordic countries and a member of NATO. The country has long borders with Sweden and in other sides with Finland.30% of the workforces in Norway are working in the public sector, which rate is highest among the Organization for Economic Cooperation and Development (Statistics Norway, 2014: 24). The Norwegian government is large owners in key industries such as the strategic petroleum sector (Statoil), hydroelectric power generation (Statkraft), aluminum production (Norsk Hydro), the largest Norwegian bank (DNB), and telecommunications service provider round (Telenor). Through these big companies, government controls about 30% of the shares in the Oslo Stock Exchange.