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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Fund Profile/New Launches

A constitutional dividend?

Posted on 08 January 2010

From Anchoragepress.com: When the question of whether to put the Permanent Fund—the money collected from oil and gas revenues and invested in stocks—into Alaska’s constitution was put to voters, the 1976 Election Pamphlet stated, “Today as the result of anticipated oil and gas revenues, Alaska stands on the brink of unprecedented prosperity.
No one, but no one, argues that these non-renewable resources will last but for a few decades. Similarly, no one should fail to recognize that in those years ahead the cost of state government will continue to spiral upwards…………………………………….Full Article: Source


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