Sovereign Wealth and Custodial Finance in NorwayOn June 4, 2020 by Dana Johnson
Knut Christian Myhre
June 3, 2020
At a time when COVID-19 causes economic and market turmoil, milestones marking financial success and stability may seem part of a distant past. Yet, less than six months before Norway entered lockdown due to the coronavirus, the country celebrated just such a moment. The cause for that celebration is crucial for the solid state of the Norwegian economy, as the minister of finance recently declared, and the government’s concomitant ability to respond to the situation through economic policies. It is therefore worthwhile casting our minds back even under these altered circumstances.