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Norway, officially the Kingdom of Norway, is a country and constitutional
monarchy in Northern Europe that occupies the western portion of the
Scandinavian Peninsula. It is bordered by Sweden, Finland, and Russia. The
distance between the northern and southern parts of Norway is considerable
compared to east-west distances. The country's extensive coastline along the
North Atlantic Ocean is home to its famous fjords.
The Kingdom of Norway also includes the Arctic island territories of
Svalbard and Jan Mayen. Norwegian sovereignty over Svalbard is based upon
the Svalbard Treaty, but that treaty does not apply to Jan Mayen. Bouvet
Island in the South Atlantic Ocean and Peter I Island and Queen Maud Land in
Antarctica are external dependencies, but those three entities do not form
part of the kingdom.
Since World War II, Norway has experienced rapid economic growth, and is now
amongst the wealthiest countries in the world, with a fully
developed welfare system. This economic progress is caused in part by the
development of oil and gas reserves off its coast. Norway was ranked highest
of all countries in human development from 2001 to 2006. It also rated
the most peaceful country in the world in a 2007 survey by Global Peace
Index. It is a founding member of NATO.
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