IDEAS home Printed from https://ideas.repec.org/a/bpj/bistud/v6y2011i1n4.html
   My bibliography  Save this article

Overcoming Dividend Skepticism: Why the World's Sovereign Wealth Funds Are Not Paying Basic Income Dividends

Author

Listed:
  • Cummine Angela L.

    (University of Oxford)

Abstract

More than 50 states around the world now possess a Sovereign Wealth Fund (SWF), yet only the Alaska Permanent Fund (APF) directly distributes profits to national citizens. SWFs are government-owned investment vehicles, more than two-thirds of which have been established since the year 2000. This article seeks to discover why this recent proliferation of SWFs has not been matched with a similar increase in their use as a financing source for Basic Income schemes.

Suggested Citation

  • Cummine Angela L., 2011. "Overcoming Dividend Skepticism: Why the World's Sovereign Wealth Funds Are Not Paying Basic Income Dividends," Basic Income Studies, De Gruyter, vol. 6(1), pages 1-18, October.
    • Handle: RePEc:bpj:bistud:v:6:y:2011:i:1:n:4
    DOI: 10.2202/1932-0183.1209
    as

    Download full text from publisher

    File URL: https://doi.org/10.2202/1932-0183.1209
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.
    File URL: https://libkey.io/10.2202/1932-0183.1209?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Gordon L Clark & Ashby H B Monk, 2010. "The Legitimacy and Governance of Norway's Sovereign Wealth Fund: The Ethics of Global Investment," Environment and Planning A, , vol. 42(7), pages 1723-1738, July.
    2. Karl Widerquist & Michael W. Howard (ed.), 2012. "Exporting the Alaska Model," Exploring the Basic Income Guarantee, Palgrave Macmillan, number 978-1-137-03165-5, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Katharina Bohnenberger, 2020. "Money, Vouchers, Public Infrastructures? A Framework for Sustainable Welfare Benefits," Sustainability, MDPI, vol. 12(2), pages 1-30, January.
    2. Michael A. Urban & Dariusz Wójcik, 2019. "Dirty Banking: Probing the Gap in Sustainable Finance," Sustainability, MDPI, vol. 11(6), pages 1-23, March.
    3. Andreas Hoepner & Arleta Majoch, 2016. "Pension Funds and the Principles for Responsible Investment: Multiplying Stakeholder Salience?," ICMA Centre Discussion Papers in Finance icma-dp2016-07, Henley Business School, University of Reading.
    4. Standing, André, 2014. "Ghana׳s extractive industries and community benefit sharing: The case for cash transfers," Resources Policy, Elsevier, vol. 40(C), pages 74-82.
    5. Jiaqi Yang & Geetha Mohan & Supriya Pipil & Kensuke Fukushi, 2021. "Review on basic income (BI): its theories and empirical cases," Journal of Social and Economic Development, Springer;Institute for Social and Economic Change, vol. 23(2), pages 203-239, December.
    6. Hachigian Heather, 2015. "Ambiguity, discretion and ethics in Norway’s sovereign wealth fund," Business and Politics, De Gruyter, vol. 17(4), pages 603-631, December.
    7. Jose Cuesta & Julieth Pico, 2020. "The Gendered Poverty Effects of the COVID-19 Pandemic in Colombia," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 32(5), pages 1558-1591, December.
    8. Gary Flomenhoft, 2018. "Historical and Empirical Basis for Communal Title in Minerals at the National Level: Does Ownership Matter for Human Development?," Sustainability, MDPI, vol. 10(6), pages 1-27, June.
    9. Widerquist Karl, 2015. "The Piketty Observation against the Institutional Background: How Natural is this Natural Tendency and What Can We Do about it?," Basic Income Studies, De Gruyter, vol. 10(1), pages 83-90, June.
    10. Neil Stuart Eccles, 2018. "Remarks on Lydenberg’s “Reason, Rationality and Fiduciary Duty”," Journal of Business Ethics, Springer, vol. 151(1), pages 55-68, August.
    11. Hans Erik Næss, 2019. "Investment Ethics and the Global Economy of Sports: The Norwegian Oil Fund, Formula 1 and the 2014 Russian Grand Prix," Journal of Business Ethics, Springer, vol. 158(2), pages 535-546, August.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:bistud:v:6:y:2011:i:1:n:4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.