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People
5
Organizations
4
Locations
5
Events
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Relationships
3
Quotes

Document Information

Type: Financial research report / case study
File Size: 1.65 MB
Summary

This document is page 32 of a Merrill Lynch 'GEMs Paper #26' dated June 30, 2016, bearing a House Oversight Bates stamp. It is a macroeconomic analysis comparing the economic diversification and industrial policies of Malaysia and Norway, specifically contrasting Norway's institutional management of oil revenue (via the Government Petroleum Fund) with that of GCC countries like Saudi Arabia. The document does not contain specific references to Jeffrey Epstein, his associates, or personal financial transactions, but appears to be part of a larger production of documents to the House Oversight Committee.

Timeline (5 events)

1980s
Launch of government industrial policies in Malaysia
Malaysia
1991
Establishment of Government Petroleum Fund
Norway
1996
Government Petroleum Fund received first net transfer
Norway
2001
Adoption of fiscal rule targeting budget deficit equal to 4% of GPF assets
Norway
Late 1960s
Oil discovery
Norway

Key Quotes (3)

"The case of Norway highlights, if anything, the importance of sound institutions and macro management when it comes to broader economic diversification."
Source
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Quote #1
"Norway was already a developed country with mature social, economic and political institutions at the time of the discovery of oil."
Source
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Quote #2
"Norway established in 1991 a Government Petroleum Fund to receive and invest oil revenue"
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Quote #3

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