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Zero-Tolerance to Corruption? Norway's Role in Petroleum-Related Corruption Internationally

Forthcoming: Philippe Le Billon and Aled Williams: Corruption, Natural Resources and Development: From Resource Curse to Political Ecology. Edw. Elgar 2017.

11 Pages Posted: 22 Dec 2016  

Birthe Eriksen

Norwegian School of Economics (NHH) - Department of Accounting, Auditing and Law

Tina Soreide

Norwegian School of Economics (NHH) - Department of Accounting, Auditing and Law

Date Written: June 30 , 2016

Abstract

Norway is frequently presented as one of the few countries to have escaped ‘the resource curse’. Evidence for this claim is based on Norway’s consensus in favour of fiscally conservative spending, competent regulatory institutions, a zero-tolerance policy towards corruption, and vast savings in a sovereign wealth fund (SWT) for future generations. Internationally, Norway is known for its aid-financed oil for development program, its advanced technology exports and its emphasis on industry safety and labour rights. Has Norway effectively implemented its ‘zero-tolerance’ policy in its operations abroad as well? To illustrate this crucial issue more clearly, this paper briefly reviews Norway’s commitment to the international anti-bribery agenda, including the performance of petroleum companies, the role of the criminal justice system in enforcing the country’s anti-bribery legislation, and the government’s role as a political player, recipient of tax revenues and shareholder in the petroleum sector.

Suggested Citation

Eriksen, Birthe and Soreide, Tina, Zero-Tolerance to Corruption? Norway's Role in Petroleum-Related Corruption Internationally (June 30 , 2016). Forthcoming: Philippe Le Billon and Aled Williams: Corruption, Natural Resources and Development: From Resource Curse to Political Ecology. Edw. Elgar 2017. . Available at SSRN: https://ssrn.com/abstract=2887908

Birthe Eriksen

Norwegian School of Economics (NHH) - Department of Accounting, Auditing and Law ( email )

Helleveien 30
N-5045 Bergen
Norway

Tina Soreide (Contact Author)

Norwegian School of Economics (NHH) - Department of Accounting, Auditing and Law ( email )

Helleveien 30
N-5045 Bergen
Norway

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