EconPapers    
Economics at your fingertips  
 

Public savings in Africa: Do sovereign wealth funds serve development?

Tony Addison and Amir Lebdioui

No wp-2022-159, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Do sovereign wealth funds (SWFs) contribute to Africa's development? This paper assesses the objectives of SWFs (fiscal stabilization, productive investment, intergenerational saving) and discusses alternatives. We argue that fiscal stabilization funds are often necessary, but entail considerable opportunity costs.

Keywords: Saving; Sovereign wealth funds; Fiscal policy; Development finance; Africa (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-afr and nep-fdg
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.wider.unu.edu/sites/default/files/Publ ... erve-development.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-2022-159

Access Statistics for this paper

More papers in WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER) Contact information at EDIRC.
Bibliographic data for series maintained by Siméon Rapin ().

 
Page updated 2024-03-31
Handle: RePEc:unu:wpaper:wp-2022-159