OECD Development Centre Policy Briefs
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The OECD Development Centre links OECD members with developing and emerging economies and fosters debate and discussion to seek creative policy solutions to emerging global issues and development challenges. OECD Development Centre Policy Briefs summarise conclusions reached for policy makers.
Also available in: French
- ISSN: 20771681 (online)
- https://doi.org/10.1787/20771681
How to Spend It: Commodity and Non-Commodity Sovereign Wealth Funds
Sovereign wealth funds have become important players in global financial markets. But their investments have repeatedly raised concerns, such as fear of industrial espionage or geopolitical threats. This paper argues that the principal motivation for setting up SWFs should put such concerns into the appropriate perspective. Development economics can explain both the funding sources and the motives that have led to the recent SWF boom, thus helping to prevent the imposition of investment restrictions in OECD countries.
Also available in: French
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