The Political and Governance Risks of Sovereign Wealth

Viac o knihe

The book explores the evolution and impact of sovereign wealth funds (SWFs), detailing their historical development and distinguishing them from similar state-controlled entities. It examines domestic political risks tied to the legitimacy of SWFs, highlighting concerns about their potential politicization and mercantilist use. The text also contrasts the investment behaviors and associated risks of SWFs with those of state-owned enterprises. Additionally, it addresses governance risks and the role of international best practices, such as the Santiago Principles, in mitigating these issues.