Jurnal Ilmu Sosial dan Ilmu Politik
Vol. 6 No. 1 (2026): Jurnal Ilmu Sosial dan Ilmu Politik

GOVERNMENT PENSION FUND GLOBAL: STRATEGI NORWEGIA DALAM MENGHINDARI DUTCH DISEASE

Andi Kurniawan (International Relations Department Universitas Pembangunan Nasional Veteran Jakarta)
Arief Tri Bintang Nugraha (Universitas Pembangunan Nasional Veteran Jakarta)
Nathanael Advent Christopher (Universitas Pembangunan Nasional Veteran Jakarta)
Fanesya Audrei (Universitas Pembangunan Nasional Veteran Jakarta)
Andi Kurniawan (Universitas Pembangunan Nasional Veteran Jakarta)



Article Info

Publish Date
01 Jun 2026

Abstract

Dutch Disease is an economic phenomenon that occurs when a commodity boom causes a currency to depreciate, reducing the competitiveness of non-resource sectors. This study analyzes Dutch Disease mitigation strategies, focusing on Norway's Government Pension Fund Global (GPFG). Using a qualitative approach and secondary data analysis, the study highlights Norway's significant capabilities. The results show that the GPFG has successfully diversified its global investments, protecting the Norwegian economy from declining oil prices and generating sustainable income. Unlike Chile, which relies on exchange rate regulation, and Saudi Arabia, which focuses on the tourism sector, Norway emphasizes long-term economic stability by investing in various sectors. The study concludes that economic diversification and prudent exchange rate management policies are key to overcoming Dutch Disease and creating economic sustainability.

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Journal Info

Abbrev

juispol

Publisher

Subject

Humanities Environmental Science Law, Crime, Criminology & Criminal Justice Social Sciences

Description

Jurnal Ilmu Sosial dan Ilmu Politik (JUISPOL) Master of Political Science, Wijaya Kusuma University, Surabaya is an open access, and peer-reviewed journal. Our main goal is to disseminate current and original articles from researchers and practitioners on various contemporary social and political ...