
39. Norway vs Saudi Arabia: Should Britain have a sovereign wealth fund?
The Rest Is Money
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Exploring National Wealth Funds and Sustainable Investments
The chapter delves into the concept of national wealth funds, focusing on environmental investments and sustainable technologies. It compares Norway's successful sovereign wealth fund to the UK's lack of a similar fund despite past oil wealth, highlighting economic successes and challenges in both countries. Discussions also include the government's role in investing in innovative businesses for long-term wealth growth and the potential risks and rewards of such endeavors.
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