{"id":9674,"date":"2013-09-13T09:00:38","date_gmt":"2013-09-13T13:00:38","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=9674"},"modified":"2013-09-13T09:34:28","modified_gmt":"2013-09-13T13:34:28","slug":"the-economics-of-norway","status":"publish","type":"post","link":"http:\/\/www.Centives.net\/S\/2013\/the-economics-of-norway\/","title":{"rendered":"The Economics Of Norway"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2013\/09\/091213_0332_TheEconomic1.jpg\" width=\"639\" height=\"400\" \/><\/p>\n<p>Norway takes the money it earns from its oil exports and invests it into a sovereign fund. Matthew Price looked at the problem of having too much money:<\/p>\n<ul>\n<li>$1 billion a week is put into the fund as a result of profits and taxes from the oil and gas industry.<\/li>\n<li>This money can&#8217;t just be given to consumers or pumped into the economy since that would drive inflation.<\/li>\n<li>The oil fund owns around 1% of the world&#8217;s shares \u2013 and 2% of Europe&#8217;s publicly traded companies.<\/li>\n<li>It considers the social impact of the companies that it invests in\u2026and this may have driven some companies to end child labour.<\/li>\n<\/ul>\n<p>Read more about the fund, the plans to break it up into smaller pieces, and why it is proud of its investments in Facebook over <a href=\"http:\/\/www.bbc.co.uk\/news\/world-europe-24049876\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.bbc.co.uk\/news\/world-europe-24049876\">BBC<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Norway takes the money it earns from its oil exports and invests it into a sovereign fund. Matthew Price looked at the problem of having too much money: $1 billion a week is put into the fund as a result of profits and taxes from the oil and gas industry. This money can&#8217;t just be [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9673,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9674","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2013\/09\/091213_0332_TheEconomic1.jpg","_links":{"self":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/9674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=9674"}],"version-history":[{"count":3,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/9674\/revisions"}],"predecessor-version":[{"id":9688,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/9674\/revisions\/9688"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/9673"}],"wp:attachment":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=9674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=9674"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=9674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}