A new OECD report on the North Atlantic region, part authored by Dr Irene McMaster, has been published. The review considers major development trends, strengths and challenges in the region; policies supporting a sustainable, competitive economy in the NORA region; and governance and co-operation.
The NORA region comprises the Faroe Islands, Greenland, Iceland, and the coastal counties of Norway, a group of North Atlantic territories linked by shared characteristics and challenges, as well as by historical, institutional and cultural links.
As well as recognising the distinctiveness of each of the NORA countries, the review highlights a wide range of possible areas and mechanisms for co-operation within and beyond the NORA region. In particular, it suggests the key to successful cooperation in the region lies not in identifying ex ante the perfect initiatives or ideal modalities but in knowing how to progress through a cumulative process of policy learning.