The Governor's Solution How Alaska's Oil Dividend Could Work in Iraq and Other Oil-Rich Countries |
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| Editor:
| Moss, Todd |
| ISBN: | 978-1-933286-70-9 |
| Publication Date: | Nov 2012 |
| Publisher: | Center for Global Development
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| Book Format: | Paperback |
| List Price: | USD $17.95 |
Book Description:
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Reliance on natural resource revenues, particularly oil, is often associated with bad governance, corruption, and poverty. Worried about the effect of oil on Alaska, Governor Jay Hammond had a simple yet revolutionary idea: let citizens have a direct stake. The Governor's Solution features his firsthand account that describes the birth of the Alaska Permanent Fund dividend, which has been paid to each resident every year since 1982.
Reliance on natural resource revenues, particularly oil, is often associated with bad governance, corruption, and poverty. Worried about the effect of oil on Alaska, Governor Jay Hammond had a simple yet revolutionary idea: let citizens have a direct stake. The Governor's Solution features his firsthand account that describes the birth of the Alaska Permanent Fund dividend, which has been paid to each resident every year since 1982.