Podcast
Questions and Answers
When did the parliamentarians change their position on the proposal?
When did the parliamentarians change their position on the proposal?
- October 2002
- 16 June 2004
- Fall of 2004
- 21 June 2002 (correct)
Who was heading the commission formed in October 2002 to integrate ethical concerns into the fund's operation?
Who was heading the commission formed in October 2002 to integrate ethical concerns into the fund's operation?
- Hans Peter Graver (correct)
- Council on Ethics
- Norges Bank
- Ministry of Finance
What did the commission deliver two years later after its formation?
What did the commission deliver two years later after its formation?
- Turnkey ethical guidelines institutional structure (correct)
- Recommendation for divestment
- A financial report
- A list of specified companies
Which entity evaluates whether the fund's investments comply with ethical guidelines?
Which entity evaluates whether the fund's investments comply with ethical guidelines?
What action does the Council on Ethics take after thorough assessments of individual cases?
What action does the Council on Ethics take after thorough assessments of individual cases?
Who decides on the exclusion of companies or placing companies on an observation list?
Who decides on the exclusion of companies or placing companies on an observation list?
Which negative mechanism is used by the ethical guidelines to prevent companies from being included in the investment universe?
Which negative mechanism is used by the ethical guidelines to prevent companies from being included in the investment universe?
What is one of the ethical norms that could lead to divestment from a company according to the ethical guidelines?
What is one of the ethical norms that could lead to divestment from a company according to the ethical guidelines?
In what year did the positive selection program for green investments begin?
In what year did the positive selection program for green investments begin?
What argument supports the idea that unethical investments are contradictory to the goal of maintaining and increasing wealth for future generations?
What argument supports the idea that unethical investments are contradictory to the goal of maintaining and increasing wealth for future generations?
What trend in international fund management aligns with the Norwegian Sovereign Wealth Fund's emphasis on responsible investments?
What trend in international fund management aligns with the Norwegian Sovereign Wealth Fund's emphasis on responsible investments?
Who invited NGOs and other stakeholders to give their recommendations on the ethical guidelines in 2008?
Who invited NGOs and other stakeholders to give their recommendations on the ethical guidelines in 2008?
What was the purpose of the 2004 ethical guidelines enactment in Norway?
What was the purpose of the 2004 ethical guidelines enactment in Norway?
What is a key feature of the ethical guidelines and the institutional structure in Norway?
What is a key feature of the ethical guidelines and the institutional structure in Norway?
How have the fiscal rule and the ethical guidelines impacted the Norwegian political landscape?
How have the fiscal rule and the ethical guidelines impacted the Norwegian political landscape?
Why is it important to maintain broad political and popular support for the management of the fund?
Why is it important to maintain broad political and popular support for the management of the fund?
What is the role of committed communities in providing input for the enhancement of the fund's ethical guidelines?
What is the role of committed communities in providing input for the enhancement of the fund's ethical guidelines?
How have the innovative institutional solutions impacted the tension between opposing views in Norway?
How have the innovative institutional solutions impacted the tension between opposing views in Norway?
What was the main purpose of the central bank reform mentioned in the text?
What was the main purpose of the central bank reform mentioned in the text?
Why were questions about ethical and environmental concerns raised regarding investments?
Why were questions about ethical and environmental concerns raised regarding investments?
What innovations allowed for compromise in the decisions of 2001 and 2004?
What innovations allowed for compromise in the decisions of 2001 and 2004?
How did the decisions of 2001 and 2004 impact the status of the sovereign wealth fund?
How did the decisions of 2001 and 2004 impact the status of the sovereign wealth fund?
What was the key focus of the ethical guidelines established in 2004?
What was the key focus of the ethical guidelines established in 2004?
How did the macroeconomic regime change affect economic policy decisions?
How did the macroeconomic regime change affect economic policy decisions?
What is one of the negative mechanisms employed by the ethical guidelines to prevent certain companies from being included in the investment universe?
What is one of the negative mechanisms employed by the ethical guidelines to prevent certain companies from being included in the investment universe?
Which of the following is considered a reason for the idea that sound financial investment is an ethical obligation?
Which of the following is considered a reason for the idea that sound financial investment is an ethical obligation?
In what year did the government initiate an evaluation of the ethical guidelines, inviting recommendations from NGOs and stakeholders?
In what year did the government initiate an evaluation of the ethical guidelines, inviting recommendations from NGOs and stakeholders?
What trend in international fund management aligns with the idea emphasized by the Norwegian Sovereign Wealth Fund regarding responsible investments?
What trend in international fund management aligns with the idea emphasized by the Norwegian Sovereign Wealth Fund regarding responsible investments?
Which action did the Finance Minister, Kristin Halvorsen, mention in relation to ethical investments in 2010?
Which action did the Finance Minister, Kristin Halvorsen, mention in relation to ethical investments in 2010?
What concept was used to solve the spending dilemma in Norway's macroeconomic regime?
What concept was used to solve the spending dilemma in Norway's macroeconomic regime?
What is a reason stated in the text that supports why unethical investments are contradictory to maintaining and increasing wealth for future generations?
What is a reason stated in the text that supports why unethical investments are contradictory to maintaining and increasing wealth for future generations?
Which institutional structures in Norway facilitated compromise over tough dilemmas, according to the text?
Which institutional structures in Norway facilitated compromise over tough dilemmas, according to the text?
How did Richard Thaler take advantage of human behavior in the context of investment?
How did Richard Thaler take advantage of human behavior in the context of investment?
What is the term used to describe the combination of Chicago school economics and Keynesianism in Norway's macroeconomic regime?
What is the term used to describe the combination of Chicago school economics and Keynesianism in Norway's macroeconomic regime?
Which economic concept highlighted rules and predictability in the management of Norway's macroeconomic regime?
Which economic concept highlighted rules and predictability in the management of Norway's macroeconomic regime?
What played a significant role in the success of the fund in Norway, according to the text?
What played a significant role in the success of the fund in Norway, according to the text?
What enabled countercyclical spending during economic downturns while also acting as a brake on short-term public spending from the fund's resources?
What enabled countercyclical spending during economic downturns while also acting as a brake on short-term public spending from the fund's resources?
What was the main purpose of the central bank reform mentioned in the text?
What was the main purpose of the central bank reform mentioned in the text?
How did the decisions of 2001 and 2004 contribute to the success of the wider economic regime in Norway?
How did the decisions of 2001 and 2004 contribute to the success of the wider economic regime in Norway?
What was one of the key dilemmas faced regarding investment strategies for the fund?
What was one of the key dilemmas faced regarding investment strategies for the fund?
How did the establishment of ethical guidelines in 2004 impact the fund's status as a public institution?
How did the establishment of ethical guidelines in 2004 impact the fund's status as a public institution?
What concept was employed to find stable solutions to the spending vs. saving and investment dilemmas?
What concept was employed to find stable solutions to the spending vs. saving and investment dilemmas?
Why is it important for a reform to be understandable and logical to the public?
Why is it important for a reform to be understandable and logical to the public?
What metaphor did Stoltenberg use to explain the principle of the fiscal rule to the general public?
What metaphor did Stoltenberg use to explain the principle of the fiscal rule to the general public?
What is the vision of the Norwegian petroleum fund for its investment portfolio?
What is the vision of the Norwegian petroleum fund for its investment portfolio?
Why is 30 years considered too soon to draw definitive conclusions about the Norwegian Sovereign Wealth Fund's investments?
Why is 30 years considered too soon to draw definitive conclusions about the Norwegian Sovereign Wealth Fund's investments?
How does maintaining a broad political and popular support contribute to the success of an economic policy?
How does maintaining a broad political and popular support contribute to the success of an economic policy?
Why is it challenging for the fund, as a universal owner of 1.5% of the global stock market, to navigate potential crises?
Why is it challenging for the fund, as a universal owner of 1.5% of the global stock market, to navigate potential crises?
What has been a key factor contributing to the political success of the Norwegian Sovereign Wealth Fund?
What has been a key factor contributing to the political success of the Norwegian Sovereign Wealth Fund?
Which political parties have held the position of Minister of Finance in Norway during the last two decades?
Which political parties have held the position of Minister of Finance in Norway during the last two decades?
What does the majority of the population in Norway agree on regarding government spending of 'oil money'?
What does the majority of the population in Norway agree on regarding government spending of 'oil money'?
How do the major corporatist players in Norway generally view the economic policy regime associated with the fiscal rule?
How do the major corporatist players in Norway generally view the economic policy regime associated with the fiscal rule?
What is indicated by the fact that both the Progressive Party and the Socialist Left Party have managed the established economic policy regime faithfully?
What is indicated by the fact that both the Progressive Party and the Socialist Left Party have managed the established economic policy regime faithfully?
Why have governments in Norway from both sides of the left-right divide stuck to the fiscal rule for 20 years?
Why have governments in Norway from both sides of the left-right divide stuck to the fiscal rule for 20 years?