Showing posts with label Reserve Bank. Show all posts
Showing posts with label Reserve Bank. Show all posts

Saturday, April 23, 2011

Our pot of gold for when the mines run dry

Clancy Yeates looks at how a sovereign wealth fund might take shape.

Norway's got one, so does Chile. For decades, the oil-rich Gulf states have also squirrelled away their export revenue into a public savings pool, known as a sovereign wealth fund.