1. Norway's Wealth Fund Answers to Voters
- Author:
- Jarle Bergo
- Publication Date:
- 09-2008
- Content Type:
- Journal Article
- Journal:
- European Affairs
- Institution:
- The European Institute
- Abstract:
- Norway is a democracy that has a “wealth fund” thanks to hydro-carbon exports. To maintain voter support for saving and investing instead of spending the revenue now, the fund has strict and open rules about its policies. The author outlines Norway's system as an example to be studied by others – including the IMF, which is working on a code of best practices.
- Topic:
- Economics
- Political Geography:
- Norway and Scandinavia