GMM congratulates Louisiana on its new Fund

As was reported earlier, the US state of Louisiana was to vote on a constitutional amendment to set up a Revenue Stabilization Fund. This vote was on November 8, along with the US Presidential Elections. Voters approved the amendment to set up the fund, 53.6%:46.4%. Welcome to the club of natural resource funds Louisiana. #PermanentFund #NaturalResourceFund

Calling all parties to protect our children’s inheritance

The Goenchi Mati Movement today releases its Manifesto for the Goa Assembly Elections 2017. The movement asks all political parties to include it in their manifestos. 

Louisiana votes to create a natural resource fund

The US state of Louisiana will be voting on a number of proposed Constitutional amendments on Nov 8. Proposed amendment #5 is for the establishment of a Revenue Stabilization Trust Fund, essentially a Permanent Fund to deal with the volatility of inflows from oil & gas. Of course, if government accounting were to treat money from minerals as capital, not …

How a oil fund helps a district in Indonesia avoid the resource curse

Bojonegoro, a district in East Java, Indonesia, seems to be avoiding the worst impacts of the Resource Curse, by using an oil fund, akin to our proposed Goenchi Mati Permanent Fund. Hasrul Hanif and Emanuel Bria opine in The Jakarta Post.

Is Kazakhstan planning a UBI

The Kazakhstan government is banning smartphones within the government. The reason is the continuing leak of government information. Among the leaks is a presidential decree to the government ordering the ministers to analyze possibilities of introducing unconditional basic income. Unfortunately, there isn’t much more information available online in english. Kazakhstan set up the Natural Fund of the Republic of Kazakhstan in 2000 from …