Governor's Solution
Alaska's Oil Dividend and Iraq's Last Window
Format:Paperback
Publisher:Center for Global Development
Published:30th Nov '12
Currently unavailable, and unfortunately no date known when it will be back
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 first-hand account that describes, with brutal honesty and piercing humour, the birth of the Alaska Permanent Fund dividend, which has been paid to each resident every year since 1982. Thirty years later, Hammond's vision is still influencing oil policies throughout the world.
This reader, part of the Center for Global Development's Oil-to-Cash initiative, includes recent scholarly work examining Alaska's experience and how other oil-rich societies, particularly Iraq, might apply some of the lessons. It is as a powerful reminder that the combination of new ideas and determined individuals can make a tremendous difference —even in issues as seemingly complex and intractable as fighting the oil curse.
ISBN: 9781933286709
Dimensions: unknown
Weight: unknown
135 pages