Sovereign Wealth Funds and Natural Resource Management in Africa: Table A1: ... : صناديق الثروة السيادية وإدارة الموارد الطبيعية في أفريقيا: الجدول أ1: ...
Non-renewable resources dominate nearly one quarter of the world's economies. Over half of these economies are developing, with many in Africa. Managing resource revenues is one of the most pressing challenges facing policymakers in Africa. For over a decade, these countries have been advised to follow 'the Norwegian model', saving resource revenues abroad, in offshore sovereign wealth funds for future generations. The three papers in this issue challenge that view. Together, they argue that there are three key motives for saving revenues abroad: intergenerational transfer, parking and stabili... Mehr ...