The Freakonomics podcasts discusses Norway's dealings with oil, including its first experiments with Dutch disease, setting up a Sovereign Wealth Fund with 'ethical' rules on investment, the paradox of selling oil and aiming to have the greenest economy in Europe (including being No. 2 in terms of Tesla's sold in the world). The podcasts also includes some comments from Daron Acemoglu on the role of institutions in the resource curse. The podcasts ends with some thoughts on the lessons from other countries. Should others set up a fund as well?
read or listen.
Ps. Self-advertisement warning! I'll exactly address that last question in my seminar next week :)
read or listen.
Ps. Self-advertisement warning! I'll exactly address that last question in my seminar next week :)
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