Overcoming Dividend Skepticism: Why the World's Sovereign Wealth Funds Are Not Paying Basic Income Dividends

Cummine Angela L.
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Cummine Angela L.: University of Oxford

Basic Income Studies, 2011, vol. 6, issue 1, 18

Abstract: More than 50 states around the world now possess a Sovereign Wealth Fund (SWF), yet only the Alaska Permanent Fund (APF) directly distributes profits to national citizens. SWFs are government-owned investment vehicles, more than two-thirds of which have been established since the year 2000. This article seeks to discover why this recent proliferation of SWFs has not been matched with a similar increase in their use as a financing source for Basic Income schemes.

Keywords: basic income; dividends; Sovereign Wealth Funds (search for similar items in EconPapers)
Date: 2011
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DOI: 10.2202/1932-0183.1209

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