Sat, Dec 20, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Trends

Optimising fortunes of Nigeria’s Sovereign Wealth Fund

Posted on 23 July 2014

In many parts of the world, Sovereign Wealth Fund (SWF) has become an effective tool to transform the economic landscape and development aspirations of countries, especially those endowed with enormous oil wealth or other commodities. However, in their quest to attain Eldorado, some have succeeded, while a good number have burnt their fingers.
While some countries such as the Gulf States have employed the instrumentality of their sovereign wealth funds to develop their economies, Saudi Arabia and some others remain undeveloped poverty-stricken nations, in spite of their oil wealth. The rulers in these countries, instead of developing their economies prefer to bail out Western countries and buy U.S treasure bonds………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15428 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031