Sovereign wealth funds and long-term development finance : risks and opportunities (English)

Sovereign wealth funds represent a large and growing pool of savings. An increasing number of these funds are owned by natural resource–exporting countries and have a variety of objectives, including intergenerational equity and macroeconomic stabilization. Traditionally, these funds have invested in external assets, especially securities traded in major markets. But the persistent infrastructure financing gap in developing countries has motivated...

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Author

Arfaa,Noora;

Gelb,Alan Harold;

Halland,Havard;

Smith, Gregory;

Tordo,Silvana;
Document Date
2014/02/01
Document Type
Policy Research Working Paper
Report Number
WPS6776
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2014/02/01
Disclosure Status
Disclosed
Doc Name
Sovereign wealth funds and long-term development finance : risks and opportunities
Keywords
domestic investment

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Citation

Arfaa,Noora; Gelb,Alan Harold; Halland,Havard; Smith, Gregory; Tordo,Silvana.

Sovereign wealth funds and long-term development finance : risks and opportunities (English). Policy Research working paper ; no. WPS 6776 Washington, DC: World Bank Group. http://documents.worldbank.org/curated/en/788391468155724377

Sovereign wealth funds and long-term development finance : risks and opportunities (English)

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