The Improbable but True Story of How the Alaska Permanent Fund and the Alaska Permanent Fund Dividend Came to Be

Cliff Groh and Gregg Erickson

Chapter Chapter 2 in Alaska’s Permanent Fund Dividend, 2012, pp 15-39 from Palgrave Macmillan

Abstract: Abstract The Alaska Permanent Fund (APF) and the Alaska Permanent Fund Dividend (PFD) resulted from the conjunction of unusual circumstances in the years following announcement of the Prudhoe Bay oil field discovery in 1968 and extension of these circumstances through the implementation of the PFD program in 1982.

Keywords: North Slope; Direct Distribution; Constitutional Amendment; Cash Dividend; General Fund (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:etbchp:978-1-137-01502-0_2

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DOI: 10.1057/9781137015020_2

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