The Sovereign Wealth Question

Autor(en): Matthew Hulbert, An Jacobs
Serie: ISN Insights
Verlag(e): International Relations and Security Network (ISN), ETH Zurich
Publikationsjahr: 2011

These days the word sovereign is mostly followed by the word debt - not by wealth or fund. This is both surprising and worrying given the fragile state of global finance. Many western countries, however, can only keep passing the debt parcel along for so long before the time of reckoning arrives. In the meantime, sovereign wealth and sovereign funds are moving East at an unprecedented speed - with potentially profound implications for the world economy.

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