The Governor's Solution: How Alaska's Oil Dividend Could Work in Iraq and Other Oil-Rich Countries (Oil-to-Cash Readers) - Softcover

Todd Moss (editor)

Softcover

ISBN 10: 1933286709 ISBN 13: 9781933286709

Publisher: Center for Global Development, 2012

Synopsis

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.

About this title

About the Author

Todd Moss is the vice president for programs and a senior fellow at the Center for Global Development and former deputy assistant secretary in the Bureau of African Affairs at the US Department of State, USA.

Edition details

• Publisher: Center for Global Development
• Publication date: 2012
• Language: English
• ISBN 10: 1933286709
• ISBN 13: 9781933286709
• Binding: Paperback
• Number of pages: 135
• Editor: Todd Moss