3141. A Blueprint for Sovereign Wealth Fund Best Practices
- Author:
- Edwin M. Truman
- Publication Date:
- 04-2008
- Content Type:
- Policy Brief
- Institution:
- Peterson Institute for International Economics
- Abstract:
- Over the past year, sovereign wealth funds (SWFs) have leapt from the back pages in business sections of financial newspapers to lead stories on the Internet. Defenders of SWFs argue that they are benign, long-term investors that provide needed capital transfusions to hard-pressed private financial institutions. At the same time, political controversy surrounds SWFs in many countries including their own. Moderate voices have called for agreement on a set of best practices for SWFs.
- Topic:
- International Relations, Economics, International Political Economy, Markets, and Sovereignty