"The Norwegian model is a successful combination of a strong welfare state, an open and competitive market economy, and a well-functioning democracy"
- Jens Stoltenberg
About this Quote
The Norwegian design, as explained by Jens Stoltenberg, is an effective combination of three crucial elements: a strong well-being state, an open and competitive market economy, and a well-functioning democracy. The well-being state supplies residents with access to essential services such as healthcare, education, and social security. This guarantees that all citizens have access to basic needs and can deal with self-respect. An open and competitive market economy enables economic growth and advancement, while a well-functioning democracy ensures that people have a say in how their nation is run. This combination of aspects has actually allowed Norway to turn into one of the most prosperous countries on the planet. The Norwegian design is an example of how a country can effectively combine financial growth and advancement with social welfare and democracy. It is a design that other countries can aim to for motivation and guidance.