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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, Market

Against a sovereign wealth fund

Posted on 29 August 2011

As Australia’s mining boom runs apace, a number of leading commentators have advocated the establishment of a sovereign wealth fund to invest the benefits of the boom offshore.
Prominent among these is Professor Warwick McKibbin - until recently a member of the Reserve Bank Board - who argues that such a fund would reduce excess demand in the economy……………………………………….Full Article: Source

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