Commodity-based Sovereign Wealth Funds : Managing Financial Flows in the Context of the Sovereign Balance Sheet /

Commodity-based sovereign wealth funds (SWFs) have been at a crossroads following the recent fall in commodity prices. This paper provides a framework for commodity-based SWF management, focusing on stabilization and savings funds, by (i) examining macrofiscal linkages for SWFs; (ii) presenting an i...

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Manylion Llyfryddiaeth
Prif Awdur: Al-Hassan, Abdullah
Awduron Eraill: Brake, Sue, Papaioannou, Michael, Skancke, Martin
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2018.
Cyfres:IMF Working Papers; Working Paper ; No. 2018/026
Mynediad Ar-lein:Full text available on IMF
Disgrifiad
Crynodeb:Commodity-based sovereign wealth funds (SWFs) have been at a crossroads following the recent fall in commodity prices. This paper provides a framework for commodity-based SWF management, focusing on stabilization and savings funds, by (i) examining macrofiscal linkages for SWFs; (ii) presenting an integrated sovereign asset and liability management (SALM) approach to SWF management; and (iii) applying this framework to a scenario where assets are being accumulated and to a scenario where the SWF is drawn on to cover a financing gap due to lower commodity prices.
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Disgrifiad Corfforoll:1 online resource (35 pages)
Fformat:Mode of access: Internet
ISSN:1018-5941
Mynediad:Electronic access restricted to authorized BRAC University faculty, staff and students