Sovereign Wealth Funds : A Work Agenda.

Sovereign Wealth Funds (SWFs) are becoming increasingly important in the international monetary and financial system, attracting growing attention. SWFs are government-owned investment funds, set up for a variety of macroeconomic purposes. They are commonly funded by the transfer of foreign exchange...

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Manylion Llyfryddiaeth
Awdur Corfforaethol: International Monetary Fund
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2008.
Cyfres:Policy Papers; Policy Paper ; No. 2008/008
Mynediad Ar-lein:Full text available on IMF
Disgrifiad
Crynodeb:Sovereign Wealth Funds (SWFs) are becoming increasingly important in the international monetary and financial system, attracting growing attention. SWFs are government-owned investment funds, set up for a variety of macroeconomic purposes. They are commonly funded by the transfer of foreign exchange assets that are invested long term, overseas. SWFs are not new, and some of the longer-established funds-for example those of Kuwait, Abu Dhabi, and Singapore-have existed for decades. However, high oil prices, financial globalization, and sustained, large global imbalances have resulted in the rapid accumulation of foreign assets particularly by oil exporters and several Asian countries. As a result, the number and size of SWFs are rising fast and their presence in international capital markets is becoming more prominent.
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Disgrifiad Corfforoll:1 online resource (38 pages)
Fformat:Mode of access: Internet
ISSN:2663-3493
Mynediad:Electronic access restricted to authorized BRAC University faculty, staff and students