Norway, world's biggest sovereign fund?
Dec 7th 2013, 6:53 am
#1
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Norway, world's biggest sovereign fund?
http://www.bbc.co.uk/news/world-europe-24049876
Seems to me that while the likes of Qatar , Dubai and AD are publickly out there in terms of media exposure of their Sovereign Funds, the Norwegians have been quietly going about their business without much fanfare.
Seems to me that while the likes of Qatar , Dubai and AD are publickly out there in terms of media exposure of their Sovereign Funds, the Norwegians have been quietly going about their business without much fanfare.
Dec 8th 2013, 3:42 am
#2
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Re: Norway, world's biggest sovereign fund?
The UAE ain't doing so bad:
http://www.swfinstitute.org/fund-rankings/
To be fair, the Norwegians were starting from a point of relatively advanced development and employed a policy of "bank it now, spend it later". The Gulf states have had to build entire institutions and national infrastructure in a matter of decades. Given that, their (the Gulf SWFs) relative scale is mighty impressive.
http://www.swfinstitute.org/fund-rankings/
To be fair, the Norwegians were starting from a point of relatively advanced development and employed a policy of "bank it now, spend it later". The Gulf states have had to build entire institutions and national infrastructure in a matter of decades. Given that, their (the Gulf SWFs) relative scale is mighty impressive.
Dec 8th 2013, 4:42 am
#3
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Re: Norway, world's biggest sovereign fund?
The UAE ain't doing so bad:
http://www.swfinstitute.org/fund-rankings/
To be fair, the Norwegians were starting from a point of relatively advanced development and employed a policy of "bank it now, spend it later". The Gulf states have had to build entire institutions and national infrastructure in a matter of decades. Given that, their (the Gulf SWFs) relative scale is mighty impressive.
http://www.swfinstitute.org/fund-rankings/
To be fair, the Norwegians were starting from a point of relatively advanced development and employed a policy of "bank it now, spend it later". The Gulf states have had to build entire institutions and national infrastructure in a matter of decades. Given that, their (the Gulf SWFs) relative scale is mighty impressive.
Dec 8th 2013, 8:48 am
#4
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Re: Norway, world's biggest sovereign fund?
Great to see the economic powerhouses of the world like East Timor, Botswana and Palestine making the list, but the UK not featuring.
Dec 8th 2013, 9:41 am
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Re: Norway, world's biggest sovereign fund?
Last edited by The Dean; Dec 8th 2013 at 9:41 am. Reason: not!
Dec 8th 2013, 9:48 am
#6
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Re: Norway, world's biggest sovereign fund?
Dec 8th 2013, 10:34 am
#7
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Re: Norway, world's biggest sovereign fund?
http://www.bbc.co.uk/news/world-europe-24049876
Seems to me that while the likes of Qatar , Dubai and AD are publickly out there in terms of media exposure of their Sovereign Funds, the Norwegians have been quietly going about their business without much fanfare.
Seems to me that while the likes of Qatar , Dubai and AD are publickly out there in terms of media exposure of their Sovereign Funds, the Norwegians have been quietly going about their business without much fanfare.
Dec 8th 2013, 11:01 am
#9
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Re: Norway, world's biggest sovereign fund?
Pros:
Beautiful Ladies (some)
Huge sovereign wealth fund
Cons:
Lack of daylight
At the moment I'm not sure whether lack of daylight contributes to Pro no.2 or if they're unrelated.
Dec 8th 2013, 11:50 am
#11
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Re: Norway, world's biggest sovereign fund?
UAE infrastructure played a major part in the country's ability to accumulate such a large SWF. If the UAE had to pay an honest wage and treat labourers as human, it would have cost them far more money to do so.
If a person here in America was afforded such ridiculously cheap labour and did not have to follow health and safety laws, they too would have an easier time accumulating such vast riches.
--
Edit
What Meow alludes to.
If a person here in America was afforded such ridiculously cheap labour and did not have to follow health and safety laws, they too would have an easier time accumulating such vast riches.
--
Edit
What Meow alludes to.
Dec 8th 2013, 12:15 pm
#12
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Dec 8th 2013, 12:22 pm
#13
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Re: Norway, world's biggest sovereign fund?
Well, first thing that came to my mind was pretty poor. Darkness, attractive women and for some reason...which is beyond me...this sprung to mind:
Note; I'm not condoning it, I must have watched too many bad films.
Note; I'm not condoning it, I must have watched too many bad films.
Spoiler:
Dec 8th 2013, 12:41 pm
#14
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Re: Norway, world's biggest sovereign fund?
Leaving the Union with Sweden in 1905 was a smart move.
Dec 8th 2013, 12:42 pm
#15
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