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Norway successfully implemented a sovereign wealth fund - currently work nearly 200k per citizen - on the back of their finite natural resources (oil), and I th
by lr4444lr 9y ago
Norway successfully implemented a sovereign wealth fund - currently work nearly 200k per citizen - on the back of their finite natural resources (oil), and I think that is the model that the UK (my country) should have followed
Are you only interested in Norway and the U.K., or do you not see a likely fallacy of composition here?
- QasimK 9y agoI selected a successful example of an attempt at a sovereign wealth fund (in fact the only example that I know), and an example of a country that chose not to implement a sovereign wealth fund despite being the same situation. I'm not entirely sure if the examples I chose constitute a fallacy. I was merely suggesting one approach that could work for some countries to establish equal funds for their citizens. Some countries may not have access to abundant raw resources though.