The paper takes a political economy approach, which combines financial and developmental analysis with economic and institutional context. The aim of Part A is to clarify reform options proposed for the Fund, along with relevant considerations. The aim of Part B is to analyse development strategy, including use of Fund revenues, and the implications.
The paper integrates fund management with broader developmental concerns. It is intended as a resource and discussion paper for the Council.
A report prepared for the Petroleum Fund Consultative Council, 2010.