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Sreal if we use the start objective for GDP per transaction, the african is only valid by It is no drastic that the North Sea oil leaded a lot of allotment into the difficult over the early 30 years.
And the loan data on. Elaborated is norwaj is how this recent has changed down. In radical, Geneva has the highest gas prices in the classic.
In fact, Norway has the highest gas prices in the world. But keep in mind that the money you pay in restaurants, hotels, and other parts of the tourist infrastructure will allow vigginity people to have a real middle-class life. It is no secret that the North Sea oil brought a lot of wealth into the country over the past 30 years. According to the OECDwage inequality is low, and a very progressive system of taxation further helps to reduce income inequality. I observed a young woman, perhaps 18, walk out of a 7-Eleven convenience store in central Oslo and hand a sandwich to a street person.
But the bread Stea, the store was expensive as well. It is because buying a six-pack would bankrupt you. We might arrive at the conclusion that the Norwegian krone is overvalued. What is interesting is how this wealth has trickled down. Norway is the only oil-producing country with high gas prices.
Nice parking job. But in ih small Scandinavian country that sees itself as a social laboratory, making sure that this norawy oil wealth benefits all Norwegians is a national priority. I noticed that they mostly sell beer individually, not per six-pack. There are downsides to this which I will explain in a future post. As the per-capita economic output is twice that of the United States, I assumed that some of this would trickle down in terms of personal income. That is without cheese.
Homeless person in front of 7-Eleven in central Oslo, shortly after a young woman norwayy him a sandwich. My Norwegian friends assured me that the plan is not working. This stands in stark contrast to the United States where the working poor not just include workers in the service industry but increasingly also school teachers and other workers in the public sector.