Reflections on the Surplus Economy and the Alaska Permanent Fund

The Alaska Permanent Fund was created in 1977, shortly after oil form Alaska's North Slope began flowing to market through the Trans-Alaska Pipeline. It was originally envisioned to serve two general purposes - to set aside a share of oil revenues for the benefit of future generations of Alaska...

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Bibliographic Details
Main Author: Goldsmith, Scott
Format: Book Part
Language:English
Published: Institute for Public Economics (University of Alberta) 2001
Subjects:
fiscal policy
economics
natural resource development
social benefit
Alaska Permanent Fund Dividend
oil
money
north slope
Alaska
Online Access:http://hdl.handle.net/11122/12037
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spelling ftunivalaska:oai:scholarworks.alaska.edu:11122/12037 2023-05-15T17:40:12+02:00 Reflections on the Surplus Economy and the Alaska Permanent Fund Goldsmith, Scott 2001 http://hdl.handle.net/11122/12037 en_US eng Institute for Public Economics (University of Alberta) Alberta's Volatile Government Revenues: Policies for the Long Run Scott Goldsmith, "Reflections on the Surplus Economy and the Alaska Permanent Fund", in Alberta's Volatile Government Revenues, ed. L.S. Wilson, Institute for Public Economics, University of Alberta, 2002. http://hdl.handle.net/11122/12037 fiscal policy economics natural resource development social benefit Alaska Permanent Fund Dividend oil money Book chapter 2001 ftunivalaska 2023-02-23T21:37:50Z The Alaska Permanent Fund was created in 1977, shortly after oil form Alaska's North Slope began flowing to market through the Trans-Alaska Pipeline. It was originally envisioned to serve two general purposes - to set aside a share of oil revenues for the benefit of future generations of Alaskans after the depletion of the oil reserves, and to keep a share of oil revenues out of the hands of the current generation of politicians who could be counted to spend it on wasteful government operations and capital expenditures.The issue is how to design a set of public fiscal institutions that, taking this new revenue into account, will maximize long-term social welfare. Paper presented at a conference held at the University of Alberta, Sept. 2001. Book Part north slope Alaska University of Alaska: ScholarWorks@UA
institution Open Polar
collection University of Alaska: ScholarWorks@UA
op_collection_id ftunivalaska
language English
topic fiscal policy
economics
natural resource development
social benefit
Alaska Permanent Fund Dividend
oil
money
spellingShingle fiscal policy
economics
natural resource development
social benefit
Alaska Permanent Fund Dividend
oil
money
Goldsmith, Scott
Reflections on the Surplus Economy and the Alaska Permanent Fund
topic_facet fiscal policy
economics
natural resource development
social benefit
Alaska Permanent Fund Dividend
oil
money
description The Alaska Permanent Fund was created in 1977, shortly after oil form Alaska's North Slope began flowing to market through the Trans-Alaska Pipeline. It was originally envisioned to serve two general purposes - to set aside a share of oil revenues for the benefit of future generations of Alaskans after the depletion of the oil reserves, and to keep a share of oil revenues out of the hands of the current generation of politicians who could be counted to spend it on wasteful government operations and capital expenditures.The issue is how to design a set of public fiscal institutions that, taking this new revenue into account, will maximize long-term social welfare. Paper presented at a conference held at the University of Alberta, Sept. 2001.
format Book Part
author Goldsmith, Scott
author_facet Goldsmith, Scott
author_sort Goldsmith, Scott
title Reflections on the Surplus Economy and the Alaska Permanent Fund
title_short Reflections on the Surplus Economy and the Alaska Permanent Fund
title_full Reflections on the Surplus Economy and the Alaska Permanent Fund
title_fullStr Reflections on the Surplus Economy and the Alaska Permanent Fund
title_full_unstemmed Reflections on the Surplus Economy and the Alaska Permanent Fund
title_sort reflections on the surplus economy and the alaska permanent fund
publisher Institute for Public Economics (University of Alberta)
publishDate 2001
url http://hdl.handle.net/11122/12037
genre north slope
Alaska
genre_facet north slope
Alaska
op_relation Alberta's Volatile Government Revenues: Policies for the Long Run
Scott Goldsmith, "Reflections on the Surplus Economy and the Alaska Permanent Fund", in Alberta's Volatile Government Revenues, ed. L.S. Wilson, Institute for Public Economics, University of Alberta, 2002.
http://hdl.handle.net/11122/12037
_version_ 1766141059456303104

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