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Knut Anton Mork photo

Knut Anton Mork

Knut Anton Mork is Professor Emeritus of Economics at the Norwegian University of Science and Technology.

Articles

Norwegian Finance Minister Trygve Slagsvold Vedum speaks at Aker Solutions' shipyard in Stord, Norway, on May 7, 2024.

Norway should cede its war windfall to Ukraine

Norway’s government has effectively become a war profiteer, we argued in a commentary in December. It is an opinion shared by a number of European politicians, and by European and Norwegian media. But rather than paying attention, Norway’s government is getting defensive. The basic facts are not up for debate. After the outbreak of the Russo-Ukrainian War caused natural gas prices to rise sharply in Europe, Norway reaped windfall profits totaling some 108 billion euros ($113 billion), according