Norway: keeping its distance

Article Abstract:

Norway saw economic growth of 3.7% in 1995, with inflation now at only around 1.5%. It is rich in many different natural resources, and also has an appealing business infrastructure. Wages are relatively low for Europe, and there are many highly skilled workers. There are no restrictions on foreign ownership in any part of the economy. However, Norway will only be really successful in attracting foreign investment if it can distinguish itself from the rest of Scandinavia.

Foreign investments, Norway

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Portugal: Europe's bright prospect

Article Abstract:

Portugal's economy has shown signs of considerable improvement over recent years, and inflation there is now lower than in Italy and Spain. Economic growth is forecast at around 2-3% in 1996, with further growth of around 3% a year into the 21st century. The government has embarked upon a large-scale privatisation programme, and plans to raise more than $2 billion in this way. It also hopes to ensure that Portugal qualifies for the European single currency in 1999.

Economic development, Portugal

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