06.07.2009 - SWFs and national security: The great tradeoff
From Chathamhouse.org.uk: One of the most striking financial developments in recent years is the emergence of sovereign wealth funds (SWFs)-large publicly owned investment portfolios, which are growing rapidly in both number and size. In a global environment already roiled by a prolonged credit crisis, SWFs raise tricky and potentially controversial new questions for international financial regulation. One issue of concern to many in host countries is the possibility that some SWFs might be used for overt or tacit political purposes, posing a challenge for global monetary governance:........Full Article: Source