sexta-feira, 30 de setembro de 2016
TEc - How to not spend it - Norway's style of handling of wealth
There is so much countries around the world can learn from Norway.
Despite sitting atop a massive pile of cash Norwegians take the long-term approach to managing their natural bounty. Prudence seems to be the key word that garners widespread support among citizenry, decision-makers and most politicians alike.
Suggestions on how best to invest revenue from such a mountain of capital, or part of the capital itself, will always swirl around but to this day cautious, should I say wise, management of the Fund has prevailed.
Of course this bodes well for future generations of Norwegians and Norway as a country/State.
Through the highs and lows of oil prices and its eventual depletion, through the thicks and thins of Norway's collective economic life, the mammoth sovereign-wealth fund has been, is and will continue to be a source of national strength and reassurance.
For now it remains in very safe hands whose rational minds have steered the Fund to ever greater heights!
Despite sitting atop a massive pile of cash Norwegians take the long-term approach to managing their natural bounty. Prudence seems to be the key word that garners widespread support among citizenry, decision-makers and most politicians alike.
Suggestions on how best to invest revenue from such a mountain of capital, or part of the capital itself, will always swirl around but to this day cautious, should I say wise, management of the Fund has prevailed.
Of course this bodes well for future generations of Norwegians and Norway as a country/State.
Through the highs and lows of oil prices and its eventual depletion, through the thicks and thins of Norway's collective economic life, the mammoth sovereign-wealth fund has been, is and will continue to be a source of national strength and reassurance.
For now it remains in very safe hands whose rational minds have steered the Fund to ever greater heights!
Subscrever:
Mensagens (Atom)