Equality, growth and sustainability – an impossible combination?
Speaker(s): Sigbjørn Johnsen
Chair: Dr Waltraud Schelkle
Recorded on 16 May 2011 in Old Theatre, Old Building.
Equality and growth are often considered to be conflicting goals. Welfare cuts in order to achieve fiscal sustainability are now on the agenda in a number of European countries. In Norway, an abundance of natural resources has offered a favourable starting point. Yet its management presents policymakers with a number of new dilemmas. Can the experience of a small country like Norway hold some larger lessons?
Sigbjørn Johnsen is serving his second term as Norwegian Minister of Finance. His first term was 1990 - 1996. Mr. Johnsen was a member of Parliament from 1976 to 1997, and is representing the Labour Party. He has led several major public commissions in Norway, including the Pension Commission 2000-2002.