Sat, Aug 23, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Market, Performance

Save some prosperity

Posted on 06 October 2009

From Theaustralian.news.com.au: Norway and Chile have set up national funds to quarantine the excess tax bounty generated by their resource boom sectors. By investing offshore, such sovereign wealth funds dampen the tendency for their booming resource sectors to push up domestic inflation, interest rates and the exchange rate.

And some of the earnings can be brought back, as in Chile during the global crisis, to cushion the economy from downturns. Or they can provide a foreign income stream for when the resource demand, or the resource itself, runs out……………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 14616 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« Jul    
 123
45678910
11121314151617
18192021222324
25262728293031