The Politics of Plenty: Investing Natural Resource Revenues in Alberta and Alaska

Peter J. Smith

Canadian Public Policy, 1991, vol. 17, issue 2, 139-154

Abstract: This paper compares the different strategies of managing and investing resource revenue surpluses by Alberta and Alaska during the late 1970s and 1980s. The paper not only examines the origins, objectives, organization and management of the Alberta Heritage Savings Trust Fund and the Alaska Permanent Fund, it also compares the performance of each between 1976 and 1989 and assesses their respective limitations. It pays particular attention to those political, ideological, and economic determinants that have shaped the respective development and use of these two instruments of public policy.

Date: 1991
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