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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

Alaska’s Permanent Fund dividend: A policy ripe for export

Posted on 22 June 2011

In April I had the privilege of participating in a workshop in Anchorage with seven other co-authors of our forthcoming book on Alaska’s Permanent Fund Dividend, the only example in the world of a universal dividend paid to all citizens based on commonly owned natural resources, in this case the oil from Alaska’s North Slope.
The Alaska Permanent Fund was created over 30 years ago as a way to save oil revenue for the future and avoid the “resource curse,” the boom and bust cycle that afflicts many economies rich in resources……………………………………….Full Article: Source


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