http://t3.gstatic.com/images?q=tbn:ANd9GcRP4qIrraW46oa4crCboqTzadd3IE4yTumRAbMvuvR527xT31xml_tozi4By Andreas Schleicher Deputy Director and Special Advisor on Education Policy to the OECD's Secretary-General. When Norway makes the front page, the focus is usually on the country’s vast natural resources which have generated the world’s largest sovereign wealth fund. In today’s economic climate, this is definitely good news.
Yet if you look beyond the headlines there is little room for complacency. Norway faces slowing productivity growth in the mainland economy, high labour costs and modest levels of entrepreneurship and innovation. Read more...