Norway is an outlier in that the Government Pension Fund Global was founded explicitly to avoid rent-seeking behavior and corruption. Every other system to date

Norway is an outlier in that the Government Pension Fund Global was founded explicitly to avoid rent-seeking behavior and corruption. Every other system to date was initially created to facilitate the opposite, US included. How many oil companies have a council of ethics dictating conflicts of interest for investment? What is also terrible is that many multinational resource giants (not just oil) actively encourage corruption in countries without stable governance, further advancing their resource curse.