How to Spend It: Commodity and Non-Commodity Sovereign Wealth Funds

Sovereign wealth funds have become important players in global financial markets. But their investments have repeatedly raised concerns, such as fear of industrial espionage or geopolitical threats. This paper argues that the principal motivation for setting up SWFs should put such concerns into the...

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Bibliographic Details
Main Author: Reisen, Helmut (-)
Format: eBook Section
Language:Inglés
Published: Paris : OECD Publishing 2008.
Series:OECD Development Centre Policy Briefs, no.38.
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706066006719
Description
Summary:Sovereign wealth funds have become important players in global financial markets. But their investments have repeatedly raised concerns, such as fear of industrial espionage or geopolitical threats. This paper argues that the principal motivation for setting up SWFs should put such concerns into the appropriate perspective. Development economics can explain both the funding sources and the motives that have led to the recent SWF boom, thus helping to prevent the imposition of investment restrictions in OECD countries.
Physical Description:1 online resource (22 p. )