Graduation Year

2017

Date of Submission

4-2017

Document Type

Campus Only Senior Thesis

Degree Name

Bachelor of Arts

Department

Economics-Accounting

Reader 1

Peter Bergevin

Rights Information

© 2017 Abigail B Spurlock

Abstract

Alaska’s state government has long relied on oil revenue as its primary source of funding. In recent years, however, a combination of decreasing oil production and low oil prices has drastically reduced how much revenue Alaska can obtain from taxing oil. As a result, Alaska currently faces severe budget deficits. In order to close this funding gap, there have been numerous proposals for new ways to generate revenue. This thesis analyzes the main proposals, with particular attention given to the role the permanent fund and the permanent fund dividend plays in Alaska’s current funding structure and its future. This thesis concludes by advocating that in the long-term it will be necessary to alter the way the permanent fund functions in order for Alaska to have a sustainable future.

This thesis is restricted to the Claremont Colleges current faculty, students, and staff. It is not available for interlibrary loan. Please send a request for access through Contact Us.

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