Norway, with a population of five million, has taxed the major oil companies heavily and created the largest sovereign wealth fund in the world, now worth more than seven hundred billion dollars, insuring the prosperity of future generations.

NEWYORKER: The Miner��s Daughter

By 2030, says MCYS, one in five Singaporeans will be over 65 (UBS, whose largest shareholder is Singapore's sovereign-wealth fund, has estimated the date at 2020).

ECONOMIST: Welfare in Singapore: The stingy nanny | The