Also why should natural resources be owned by a few oligarchs, or companies, or a royal family?
As a consequentialist I would argue that the “resource curse” would be minimised if the ownership or profit from natural resources is owned instead by every resident.
The Alaska fund is exactly the opposite of your proposal. It’s very clearly not individual ownership or any control over assets, it’s a government program to provide a payment to current residents. Specifically, it doesn’t go with a refugee/emigrant when they take residence elsewhere.
I was inspired by the Alaska oil fund
https://en.wikipedia.org/wiki/Alaska_Permanent_Fund
A 1000$ a year for every resident is quite good.
Also why should natural resources be owned by a few oligarchs, or companies, or a royal family?
As a consequentialist I would argue that the “resource curse” would be minimised if the ownership or profit from natural resources is owned instead by every resident.
The Alaska fund is exactly the opposite of your proposal. It’s very clearly not individual ownership or any control over assets, it’s a government program to provide a payment to current residents. Specifically, it doesn’t go with a refugee/emigrant when they take residence elsewhere.