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Sovereign Development Funds

Javier Santiso ()

No 58, OECD Development Centre Policy Insights from OECD Publishing

Abstract: Financial actors from developing countries are playing with other OECD financial giants as equals through their Sovereign Wealth Funds (SWFs). SWFs could become major actors of development finance if they chose to allocate 10 per cent of their portfolio to emerging and developing economies over the next decade, generating inflows of $1 400 billion, more than all OECD countries’ aid to developing economies put together.

Date: 2008-02-01
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Handle: RePEc:oec:devaac:58-en