Should Sovereign wealth fund be regulated
In the past months, you have seen some Wall Street giants being saved by Sovereign Fund (such as Dubai, Kuwait or Dubai) where countries actually buy stakes at these public companies.
These activities can generate various conflict of interest or issues due to the geopolitical nature of the world right now. If a country invest in a multi national company that operate in conflict area such as Sudan, does it mean that your foreign policy support the genocide in Darfur?
Follow the fascinating discussion about sovereign fund activities in the world held by the Brookings Institute.
"Petrodollars, commodity riches and large national reserves from export-led economies have fuelled the growth of sovereign wealth funds and with it, debate about the transparency and investment objectives of the governments that run them. From China to Norway to Abu Dhabi, sovereign wealth funds now account for approximately 1.3 percent of the world?s financial assets, prompting calls for regulation and oversight in order to protect sensitive industries, such as national security companies, and ensure ethical investments." (Brookings Institute)
These activities can generate various conflict of interest or issues due to the geopolitical nature of the world right now. If a country invest in a multi national company that operate in conflict area such as Sudan, does it mean that your foreign policy support the genocide in Darfur?
Follow the fascinating discussion about sovereign fund activities in the world held by the Brookings Institute.
"Petrodollars, commodity riches and large national reserves from export-led economies have fuelled the growth of sovereign wealth funds and with it, debate about the transparency and investment objectives of the governments that run them. From China to Norway to Abu Dhabi, sovereign wealth funds now account for approximately 1.3 percent of the world?s financial assets, prompting calls for regulation and oversight in order to protect sensitive industries, such as national security companies, and ensure ethical investments." (Brookings Institute)



0 Comments:
Post a Comment
Links to this post:
Create a Link
<< Home