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'''Norway''' is a country in [[Scandinavia]]. The capital is [[Oslo]], and the principal language in [[Norwegian]], though [[Sami]] languages are also spoken in the far north. Norway is one of the few Western European nations not in the [[European Union]] but is a member of the Schengen Agreement group of countries which permit cross-border travel without passport control.  It belongs to [[NATO]] and is a strong ally of the United States.
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'''Norway''' is a country in [[Scandinavia]]. The capital is [[Oslo]], and the principal language in [[Norwegian]], though [[Sami]] languages are also spoken in the far north. Norway is one of the few former Western Bloc nations not in the [[European Union]] but is a member of the Schengen Agreement group of countries which permit cross-border travel without passport control.  It belongs to [[NATO]] and is a strong ally of the United States.
    
Norway has escaped the [[Recession of 2008]] largely unscathed, partly by tapping into its oil and gas-fueled sovereign wealth fund — currently valued at more than 2.4 trillion kroner ($400 billion). Unemployment stands at 3%, among the lowest in Europe.
 
Norway has escaped the [[Recession of 2008]] largely unscathed, partly by tapping into its oil and gas-fueled sovereign wealth fund — currently valued at more than 2.4 trillion kroner ($400 billion). Unemployment stands at 3%, among the lowest in Europe.
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The September 2005 elections ended the Bondevik government, and the Labor party came back with its most substantial victory in years, securing 60 of the 169 seats in Parliament. While this election result once more made Labor the undisputed heavyweight in Norwegian politics, Stoltenberg, chastened by his previous stint as the head of a minority government, reached out to the far left Socialist Left party and agrarian Center party to form a coalition government that commanded a majority of seats in Parliament. The current government is the first majority government in Norway in over 20 years, but the governing coalition has had to bridge substantial policy differences to build this majority.  
 
The September 2005 elections ended the Bondevik government, and the Labor party came back with its most substantial victory in years, securing 60 of the 169 seats in Parliament. While this election result once more made Labor the undisputed heavyweight in Norwegian politics, Stoltenberg, chastened by his previous stint as the head of a minority government, reached out to the far left Socialist Left party and agrarian Center party to form a coalition government that commanded a majority of seats in Parliament. The current government is the first majority government in Norway in over 20 years, but the governing coalition has had to bridge substantial policy differences to build this majority.  
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Norway, [[Iceland]] and [[Switzerland]] are the only countries in Western Europe that do not belong to the [[European Union]].
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Norway, [[Iceland]] and [[Switzerland]] are the only countries in former Europe Bloc that do not belong to the [[European Union]].
    
Norway is one of five European countries that permit [[same-sex marriage]].<ref>[http://news.bbc.co.uk/2/hi/europe/7978495.stm Sweden allows same sex marriage]</ref>
 
Norway is one of five European countries that permit [[same-sex marriage]].<ref>[http://news.bbc.co.uk/2/hi/europe/7978495.stm Sweden allows same sex marriage]</ref>
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Norway is one of the world's richest countries in per capita terms. It has an important stake in promoting a liberal environment for foreign trade. Its large shipping fleet is one of the most modern among maritime nations. Metals, pulp and paper products, chemicals, shipbuilding, and fishing are the most significant traditional industries.
 
Norway is one of the world's richest countries in per capita terms. It has an important stake in promoting a liberal environment for foreign trade. Its large shipping fleet is one of the most modern among maritime nations. Metals, pulp and paper products, chemicals, shipbuilding, and fishing are the most significant traditional industries.
 
[[Image:Dalen Telemarken Norway.jpg|thumb|340px|Dalen, Telemarken, Norway. Photochrom print, between ca. 1890 and ca. 1900.]]
 
[[Image:Dalen Telemarken Norway.jpg|thumb|340px|Dalen, Telemarken, Norway. Photochrom print, between ca. 1890 and ca. 1900.]]
Norway's emergence as a major oil and gas producer in the mid-1970s transformed the economy. Large sums of investment capital poured into the offshore oil sector, leading to greater increases in Norwegian production costs and wages than in the rest of western Europe up to the time of the global recovery of the mid-1980s. The influx of oil revenue also permitted Norway to expand an already extensive social welfare system. Norway has established a state Petroleum Fund that exceeded $132.6 billion as of December 2004. The fund primarily will be used to help finance government programs once oil and gas resources become depleted. Norway is currently enjoying large foreign trade surpluses thanks to high oil prices. Unemployment remains currently low (3%-4% range), and the prospects for economic growth are encouraging thanks to the government's stimulative fiscal policy and economic recovery in the United States and Europe.  
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Norway's emergence as a major oil and gas producer in the mid-1970s transformed the economy. Large sums of investment capital poured into the offshore oil sector, leading to greater increases in Norwegian production costs and wages than in the rest of Europe up to the time of the global recovery of the mid-1980s. The influx of oil revenue also permitted Norway to expand an already extensive social welfare system. Norway has established a state Petroleum Fund that exceeded $132.6 billion as of December 2004. The fund primarily will be used to help finance government programs once oil and gas resources become depleted. Norway is currently enjoying large foreign trade surpluses thanks to high oil prices. Unemployment remains currently low (3%-4% range), and the prospects for economic growth are encouraging thanks to the government's stimulative fiscal policy and economic recovery in the United States and Europe.  
    
Norway voted against joining the European Union (EU) in a 1994 referendum. With the exception of the agricultural and fisheries sectors, however, Norway enjoys free trade with the EU under the framework of the European Economic Area. This agreement aims to apply the four freedoms of the EU's internal market (goods, persons, services, and capital) to Norway. As a result, Norway normally adopts and implements most EU directives. Norwegian monetary policy is aimed at maintaining a stable exchange rate for the krone against European currencies, of which the euro is a key operating parameter. Norway is not a member of the EU's Economic and Monetary Union and does not have a fixed exchange rate. Its principal trading partners are in the EU; the United States ranks sixth.  
 
Norway voted against joining the European Union (EU) in a 1994 referendum. With the exception of the agricultural and fisheries sectors, however, Norway enjoys free trade with the EU under the framework of the European Economic Area. This agreement aims to apply the four freedoms of the EU's internal market (goods, persons, services, and capital) to Norway. As a result, Norway normally adopts and implements most EU directives. Norwegian monetary policy is aimed at maintaining a stable exchange rate for the krone against European currencies, of which the euro is a key operating parameter. Norway is not a member of the EU's Economic and Monetary Union and does not have a fixed exchange rate. Its principal trading partners are in the EU; the United States ranks sixth.  
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Norway has a highly-developed oil and natural gas sector. Norway's oil production peaked in 2001 at 3.42 million barrels per day (bbl/d) and has been steadily declining since, reaching 2.47 million bbl/d in 2008. Natural gas production, on the other hand, has been steadily increasing since 1993, reaching 3.5 trillion cubic feet (Tcf) in 2008. All of Norway's oil and natural gas fields are located subsea on the Norwegian Continental Shelf. Most of the new discoveries being made are natural gas. The Norwegian government is committed to developing the frontier Barents Sea region as existing North Sea fields mature.<ref> For current statistics, see [http://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=NO Energy Information Administration, "Norway Energy Profile" (2009)] </ref>
 
Norway has a highly-developed oil and natural gas sector. Norway's oil production peaked in 2001 at 3.42 million barrels per day (bbl/d) and has been steadily declining since, reaching 2.47 million bbl/d in 2008. Natural gas production, on the other hand, has been steadily increasing since 1993, reaching 3.5 trillion cubic feet (Tcf) in 2008. All of Norway's oil and natural gas fields are located subsea on the Norwegian Continental Shelf. Most of the new discoveries being made are natural gas. The Norwegian government is committed to developing the frontier Barents Sea region as existing North Sea fields mature.<ref> For current statistics, see [http://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=NO Energy Information Administration, "Norway Energy Profile" (2009)] </ref>
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Offshore hydrocarbon deposits were discovered in the 1960s, and development began in the 1970s. Norway is now the world's third-largest gas exporter and provides much of western Europe's crude oil and gas requirements. In 2003, Norwegian oil and gas exports accounted for 56% of total merchandise exports. In addition, offshore exploration and production have stimulated onshore economic activities. Foreign companies, including many American ones, participate actively in the petroleum sector.
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Offshore hydrocarbon deposits were discovered in the 1960s, and development began in the 1970s. Norway is now the world's third-largest gas exporter and provides much of Europe's crude oil and gas requirements. In 2003, Norwegian oil and gas exports accounted for 56% of total merchandise exports. In addition, offshore exploration and production have stimulated onshore economic activities. Foreign companies, including many American ones, participate actively in the petroleum sector.
    
One issue that has hampered the development of oil and natural gas reserves in the northern Barents Sea area has been the lack of a defined maritime boundary between Norway and Russia. However, on June 5, 2009, Russian state-owned gas company Gazprom and Norwegian state-controlled oil company StatoilHydro signed a three-year Memorandum of Understanding to work together in exploring and developing their Arctic sea regions. According to a joint statement, the two companies will work together on development of the Shtokman field, some 345 miles from land in 1,148 feet of water. It holds estimated gas reserves of around 113 trillion cubic feet.  
 
One issue that has hampered the development of oil and natural gas reserves in the northern Barents Sea area has been the lack of a defined maritime boundary between Norway and Russia. However, on June 5, 2009, Russian state-owned gas company Gazprom and Norwegian state-controlled oil company StatoilHydro signed a three-year Memorandum of Understanding to work together in exploring and developing their Arctic sea regions. According to a joint statement, the two companies will work together on development of the Shtokman field, some 345 miles from land in 1,148 feet of water. It holds estimated gas reserves of around 113 trillion cubic feet.  
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[[File:Vikings.jpg|thumb|280px]]
 
[[File:Vikings.jpg|thumb|280px]]
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About 900 AD Harald Fairhair established a large kingdom by winning, in alliance with the earl of Lade (Trøndelag) a victory over other local kings. Harald's victory caused disgruntled subordinate chieftains to join the growing Viking movement. The growth in population forced some Norwegians to spread inland on to poorer soils and others to seek their fortunes as raiders, traders, or settlers across the western sea.  The Vikings proved to be superb sailors and ferocious warriors; their raids turned into landing operations and settlements.
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About 900 AD Harald Fairhair established a large kingdom by winning, in alliance with the earl of Lade (Trøndelag) a victory over other local kings. Harald's victory caused disgruntled subordinate chieftains to join the growing Viking movement. The growth in population forced some Norwegians to spread inland on to poorer soils and others to seek their fortunes as raiders, traders, or settlers across the North Sea.  The Vikings proved to be superb sailors and ferocious warriors; their raids turned into landing operations and settlements.
    
The sparsely inhabited Scottish islands were settled first; the first recorded Viking raid on England came in 793 AD. In the following two centuries Norse Vikings plundered far and wide. Kingdoms were carved out in Ireland, Scotland, northeast England, and northern France, and the Faeroes, Iceland, and eventually Greenland were colonized. In addition to advanced ships, the Vikings had good iron tools and weapons and were expert wood-carvers. Overseas, the Vikings developed trade wherever they settled. In Norway, markets, the forerunners of towns that grew up in the 11th century, sprang up beside the fjords.  
 
The sparsely inhabited Scottish islands were settled first; the first recorded Viking raid on England came in 793 AD. In the following two centuries Norse Vikings plundered far and wide. Kingdoms were carved out in Ireland, Scotland, northeast England, and northern France, and the Faeroes, Iceland, and eventually Greenland were colonized. In addition to advanced ships, the Vikings had good iron tools and weapons and were expert wood-carvers. Overseas, the Vikings developed trade wherever they settled. In Norway, markets, the forerunners of towns that grew up in the 11th century, sprang up beside the fjords.  
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