The Novelty of Sovereign Wealth Funds: The Emperor's New Clothes?

Jürgen Braunstein

Global Policy, 2014, vol. 5, issue 2, 169-180

Abstract: type="graphical" xml:id="gpol12095-abs-0002">

The title Novelty of Sovereign Wealth Funds: The Emperor's New Clothes? asks whether Sovereign Wealth Funds (henceforth SWFs) are actually a new phenomenon. This article uncovers striking similarities between contemporary SWFs and earlier state-related investment vehicles, which emerged in protectionist and mercantile contexts.

Date: 2014
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