| It is not uncommon to think of the "issues" of sovereign wealth funds as one that is essentially binary--sovereign wealth funds as sources of sovereign wealth coming into the private markets of host states and investing in their equities. The issue then, as now endlessly reiterated, becomes one of whether this is a "good" or "bad" thing--the answer to which continues to defy consensus.
But reality, of course, provides material for a substantially more nuanced picture. One element of that nuance is sometimes overlooked--the value of sovereign wealth fund activities to powerfully positions economic actors in home states..............................................Full Article: Source
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