[ExI] Leveraging temporary income

[Anders Sandberg]

On 03/10/2012 22:49, David Lubkin wrote:
> My question is about *all* oil-rich jurisdictions. More generally,
> what can any society do with a temporary (years or decades,
> not longer) surge of cash to create a sustainable advantage?
>

Check out Norway. They are investing most of the money in big funds. 
Some of the surplus is used for infrastructure - the country has some of 
the most impressive bridges and tunnels imaginable (although the 
muncipalities - who often lack money - skimp on lights in the lesser 
used tunnels).

-- 
Anders Sandberg,
Future of Humanity Institute
Philosophy Faculty of Oxford University