second largest sovereign fund in the world: http://en.wikipedia.org/wiki/Sovereign_wealth_fund#Largest_s...
plus all the investments into its' own people like mentioned in the article.
(it's long for that, i know).
not at all, Norway's oil is pretty much gone http://www.bloomberg.com/news/2011-03-03/norway-drillers-hit...
What about other oil-prosperous small countries such as the Emirates or Kuwait? Are the cases comparables?
Totally different. You know, in UAE they build skyscrapers just because they can. In Manhattan they built skyscrapers because there was no more land available to build on...
http://en.wikipedia.org/wiki/Resource_curse
Norway is probably only country in the world that was able to dodge Dutch disease.