Wednesday, 23 June , 2021
welfare state Archives - Iran News Daily
The role of welfare state in Norway 28 Apr 2019

The role of welfare state in Norway

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.