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Norway did the same thing, it has worked very well for their economy so far.
by lazyjones 7y ago
Norway did the same thing, it has worked very well for their economy so far.
- olivermarks 7y agoNorway's sovereign wealth fund is vastly larger than the Saudi Arabian one, SA don't have much room to maneuver if the Aramco ipo doesn't work and these investments fail
- lazyjones 7y ago> vastly larger than the Saudi Arabian one By one order of magnitude these days, the Norwegian fund's market value was less than $100b in 2004 though.