Billions are invested on mines and wind power in Northern Sweden.
But does this mean that people in Norrland get access to jobs and profit? This is an issue that Arne Müller, together with the photographer Erland Segerstedt, has looked into. Müller has, amongst others, interviewed CERE's Runar Brännlund
for the book "Norrlandsparadoxen" (The Norrland paradox).
It is by now well known that Runar has looked into the value of Norrland. He argues that it isn't the sum in itself that's the interesting thing but rather the change over time: "Norway reinvests oil profits in order to get a return. They reduce the capital stock in terms of oil but increase their capital stock in other areas that will yield returns instead.
When comparing a country like Sudan with Norway, you find that Sudan has an extremely large, negative genuine savings; they simple eat up their future capital stock." (My translation)
More about the interview can be found on the pages 324-327: "Behåller Norrland sitt värde?" (Does Norrland get to keep its value?).
The author Arne Müller and the photographer Erland Segerstedt will visit Umeå University and talk more about the Norrland paradox on May 13th.