Aspects of Sovereign Wealth Funds in Guyana-type economies
Following last week’s discussion of Sovereign Wealth Funds (SWF) as a mechanism for avoiding and/or controlling the triad of crises typically associated with booms in oil and gas export revenues, I describe below the Government of Guyana’s declared intention with regards to its own SWF. Recently, the Ministry of Natural Resources has declared Guyana’s SWF…