18.06.2012 - Sovereign fund would take care of Dutch disease: OECD
The Harvard-trained economist, who began his career at the Bank of Canada in 1979, is also the man behind the OECD's recent call for the central bank to begin gradually hiking its benchmark lending rate. Norway has been saving [oil revenues] in the form of a sovereign wealth fund, and the Chileans do the same thing with copper. We have the Heritage Fund in Alberta but it’s pretty small potatoes, and it has enjoyed almost no inflows for a very long time...............................................Full Article: Source
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