The importance of these things is now frequently given as an explanation why some less developed countries with seemingly abundant resources have failed to take off economically. Finnish public institutions at least have shown a remarkable degree of continuity through our history.
An  14  BIS Review 49/2010  enhanced ECA would have four main objectives: revenues above a set level would be quarantined in the ECA before they could reach the economy, predictable levels from oil revenues would reach the treasury and the economy, which encourages long-term planning, funds accumulated in the ECA could be used to top up oil revenue flows to the economy when they fall below the set, predictable level, or when the economy needs a counter-cyclical boost and funds would be invested in needed local infrastructure provided it would not cause overheating by relying on imports and idle labour capacity.